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Happy  Republic Day

Reunite On This Republic Day To Celebrate the Victory of Our Freedom Fighters and Rejoice in the Sacrifices That Made It Possible On This Republic Day, Let Us Unite In the Chant Vande Mataram and Let the Glory of Our Land and the Spirit of India Live Forever

Firstly Watch 7462-7504 for next Very Short Term Trend beginning

Post-open Outlook(25-01-2016)

As all the Asian markets were trading in Green with .60% to 1.5% gains therefore sentiment was positive today morning and Nifty traded 51 points up in first minute after gap up opening today. Last 5 sessions trading range(7242-7462) broken out in first minute today but on the back of strong Global cues therefore its confirmation is required through sustaining above 7462.

Next resistances are above 7504 which have already been updated in previous Outlook also yesterday and Nifty has to consolidate completely for beginning of decisive up moves above it therefore will trade between 7462-7504 for next Very Short Term Trend preparation and firstly valid break out this range should be watched for its beginning.

Next Short Term Trend Confirmation through 7242-7640

Technical Analysis,Research & Weekly Outlook

(Jan 25 to Jan 29,2016)

Nifty-Intra Day Chart (Jan 18 to Jan 22,2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 5 Sessions intraday charts

1- Last 5 Sessions actual trading between 7242-7462 
2- Higher levels some selling patterns and lower levels some buying patterns in last 5 sessions.

Conclusions from 5 Sessions intra day chart analysis 

Last 5 sessions actual trading between 7242-7462 with higher levels some selling and lower levels some buying therefore valid break out of this range will generate next decisive moves.

Intra Day Chart Analysis(25-01-2016)

Nifty-Intra Day Chart (22-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- First 2 hours slow up moves
2- Last 4 hours up moves in Broadening Pattern
3- Whole day actual trading between 7328-7433

Conclusions from intra day chart analysis 

Although strong opening and whole continuous up moves but first 2 hours up moves were slow which is a selling indication and last 4 hours up moves in Broadening Pattern which is a reversal pattern therefore expected that Nifty will firstly trade and prepare for next decisive moves within and near about last Friday trading range(7328-7433) as well as possibility of some intraday volatility can not be ruled out. 

Conclusions (After Putting All Studies Together)

18 Months 4000 points strong rally from 28-08-2013(5118.85) to 04-03-2015(9119.20) and now its corrective Wave-'C' of 'ABC' correction continuation with recent bottom formation at 7241.50 on 20-01-2016 and no confirmation of its completion yet.

Last 5 sessions trading between 7242-7462 and following next resistances are lying just above it:-  

1- Resistances between 7504-7562
2- Resistances between 7552-7606
3- Resistances between 7614-7640

As little better supports at lower levels in previous week therefore Nifty will not easily sustain below previous week lowest and expected that Nifty will trade first 2/3 sessions between 7242-7640 for following next Short Term Trend:-

1- Slipping below 7242 will mean correction continuation towards 7104/6761.
2- Sustaining above 7640 will mean first indication of on going big correction completion and confirmation of strong Pull Back Rally. 

Live Proofs of Indian Stock Markets 100% Accurate Predictions

Although Yesterday closing was near the lower levels of the day but we told for Up moves at 07:24 PM yesterday in "Up moves above 7338 and towards 7504 are expected now"

Up moves above 7338 and towards 7504 are expected now

As was told 100% same happened and Nifty opened above 7338 at 7355.70 today.

Up moves Expectations above 7338

Intra Day Chart Analysis & Market Outlook

(22-01-2016)

Nifty-Intra Day Chart (21-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Most time trading below 7338
2- Down moves in Bullish Falling Channels
3- Higher bottom formation
3- Whole day actual trading between 7250-7398

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Correction Continuation after follow up Selling" and repeated in both Outlooks of today:-

1- more than 4 hours Mixed Patterns between 7294-7338 today
2- Nifty will firstly trade within today trading range(7242-7338)
3- complete consolidation is required for on going big correction completion.

Although strong opening today but not sustaining at higher levels because as such lower levels consolidation could not develop and more than 4 hours trading with Mixed Patterns formations between 7294-7338 was seen yesterday. As complete consolidation was firstly required for decisive up moves and on going big correction completion therefore fresh consolidation in the form of Down moves in Bullish Falling Channels emerged below 7338 today.

"Nifty will firstly trade within today trading range(7242-7338)" was told yesterday and Nifty traded most time within 7250-7338 with consolidation patterns formations and  higher bottom formation today. As supports was seen between 7242-7270 also yesterday therefore Recent good supports formations will be understood between 7242-7338 and once valid break out of 7338 will mean Pull Back Rally towards following next resistances:-

1- Resistances between 7504-7562
2- Resistances between 7552-7606
3- Resistances between 7614-7640

Up moves above 7338 and towards 7504 are expected now and:- 

1- Firstly watch valid break out of 7242-7462 for next Short Term Trend confirmations.
2- Finally sustaining above 7640 will mean strong indication of correction completion.

Just Wait and Watch Valid Break Out of 7242-7462 for Next Short Term Trend Confirmations.

Post-open Outlook(21-01-2016)

When Dow Jones was trading more than 370 points down at 10:56 PM yesterday then told following line yesterday in "Correction Continuation after follow up Selling"

more than 4 hours Mixed Patterns between 7294-7338 today therefore expected that Nifty will firstly trade within today trading range(7242-7338)

When All the Asian markets were trading strong today morning then also we repeated following line at 08:58 AM today in "Pre-open Outlook(21-01-2016)"

2- more than 4 hours Mixed Patterns between 7294-7338 yesterday therefore expected that Nifty will firstly trade within yesterday trading range(7242-7338)

Although both highly Bullish and Bearish Global markets cues but we followed only our Indian intraday charts patterns formation,result is clear now that now Nifty is trading within mentioned trading range(7242-7338) with today lowest formation at 7323.95.

As huge Global markets volatility therefore just wait and watch valid break out of 7242-7462 for next Short Term Trend confirmations.

Pre-open Outlook(21-01-2016)

Following lines were told yesterday in "Correction Continuation after follow up Selling" and being repeated today because Asian markets are strong today morning and lower levels supports were also seen yesterday therefore positive opening of Indian markets will be seen today:-

1- for precaution valid breaking down of 7242 should be firstly watched today.
2- more than 4 hours Mixed Patterns between 7294-7338 yesterday therefore expected that Nifty will firstly trade within yesterday trading range(7242-7338)
3- correction continuation towards 7104/6761 is still expected after follow up selling within and near about yesterday trading range.

As Short Term indicators are oversold and Asian markets also signalling some Global markets recovery therefore just wait and watch for valid break out of 7242-7462 for next Short Term Trend confirmations.

Correction Continuation after follow up Selling 

Intra Day Chart Analysis & Market Outlook

(21-01-2016)

Nifty-Intra Day Chart (20-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- More than 4 hours Mixed Patterns between 7294-7338
2- Lower levels supports between 7242-7270 
3- 65 Points recovery from lower levels in last hour.
4- Whole day actual trading between 7242-7338

Conclusions from intra day chart analysis 

As all Global markets were crashing and Dow's Futures was also trading more than 200 points down therefore huge gap down opening in Indian markets but lower levels supports and more than 4 hours Mixed Patterns between 7294-7338 today therefore expected that Nifty will firstly trade within today trading range(7242-7338).As some supports were seen above 7242 today therefore for precaution its valid breaking down should be firstly watched tomorrow for immediate decisive down moves confirmations but complete consolidation is required for on going big correction completion. 

Let complete consolidation develop then correction completion will be considered otherwise slipping below today lowest(7242) and correction continuation towards 7104/6761 is still expected after follow up selling within and near about today trading range. 

Pre-open Outlook(20-01-2016)

Although Nifty closed 84.10 points up yesterday but we were not Bullish because minor selling was also seen at higher levels and good resistances were lying above yesterday highest therefore we told following line yesterday in "Sideways Market for Next Trend Preparation"

Nifty will trade and prepare for next decisive moves between 7337-7562 in the coming 1/2 sessions

As Dow's Futures is more than 140 points down today morning and resultant Asian markets are 1% to 3% negative therefore much weaker opening will be seen in Indian markets also and valid break down of yesterday lowest(7337) will mean fresh down moves towards 7104/6761.

Sideways Market for Next Trend Preparation
Intra Day Chart Analysis & Market Outlook
(20-01-2016)

Nifty-Intra Day Chart (19-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Consolidation between 7365-7378
2- Up moves with intraday consolidation
3- Minor selling between 7438-7462
4- Consolidation between 6409-6424
5- Whole day actual trading between 7365-7462

Conclusions from intra day chart analysis 

As whole day good intraday consolidation patterns formations yesterday therefore we were Bullish and told for Pull Back rally or Bounce back possibility in following topic yesterday despite closing was near the lower levels of the day yesterday:-

Pull Back rally or Bounce back possibility amid Correction continuation towards 7104

111 Points bounce back was seen with 84.10 points positive closing today 

Although good intraday consolidation patterns formations today but minor selling patterns were also seen at the higher levels of the day therefore follow up consolidation is firstly required for decisive up moves towards following next resistances:-

1- Resistances between 7504-7562
2- Resistances between 7552-7606
3- Resistances between 7614-7640

As continuous resistances between 7504-7640 therefore market has to consolidate completely for sustaining above 7640 and trend reversal strong signal as well.

Expected that Nifty will trade and prepare for next decisive moves between 7337-7562 in the coming 1/2 sessions.Let market prepare for next direction then will be updated according to intraday charts patterns formations in the coming sessions Outlooks,as being done for the last more than 5 years.

Live Proofs of Indian Stock Markets 100% Accurate Predictions

Although Yesterday closing was near the lower levels of the day but we told following lines for Bounce back possibility at 07:56 PM yesterday in "Pull Back rally or Bounce back possibility amid Correction continuation towards 7104":-

1- Pull Back rally or Bounce back possibility will be considered after today intraday consolidation despite today closing near the lower levels of the day. 
2- Pull Back rally or Bounce back possibility after some intraday consolidation patterns formations today.

As was told yesterday 100% same happened today and 41 points Nifty bounce back was seen in 1st minute of today trading. 

Pull Back rally or Bounce back possibility amid Correction continuation towards 7104

Intra Day Chart Analysis & Market Outlook

(19-01-2016)

Nifty-Intra Day Chart (18-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Minor selling between 7416-7438
2- All the down moves in Bullish Falling Channel
3- Whole day actual trading between 7337-7463

Conclusions from intra day chart analysis 

As Dow jones closed 390 points down last Friday therefore most Asian markets were trading in negative zone and some were more than 1% down also therefore weaker opening of Indian markets but outperformed and traded flat to minor down many times in first more than 4 hours which was a positive sign for Bulls. 

When Indian markets were trading near the higher levels of the day at 01:50 PM then decisive down moves started which remain continued till the end of today trading because big down moves started from 01:50 PM in following Global markets:-

1- Dow's Futures slipped from 16047 to 16892 and lost 155 points between 01:50 PM-03:30 PM
2- Dax slipped from 8659 to 8457 and lost 202 points between 01:50 PM-03:30 PM
3- FTSC slipped from 5853 to 5765 and lost 88 points between 01:50 PM-03:30 PM
4- CAC slipped from 4255 to 4160 and lost 95 points between 01:50 PM-03:30 PM

Although minor selling at higher levels but all the down moves in Bullish Falling Channel also today therefore indication of consolidation process beginning today. As indicators are also oversold therefore Pull Back rally or Bounce back possibility will be considered after today intraday consolidation despite today closing near the lower levels of the day. 

Correction continuation towards 7104 and its completion will be considered only after complete consolidation but Pull Back rally or Bounce back possibility after some intraday consolidation patterns formations today.

Post-open Outlook(18-01-2016)

Although most time negative zone trading and now trading in Red also but Indian markets are out performing Global markets since opening today and minor intraday support at 7384 also in first hour therefore firstly valid break down of 7384 should be watched now for fresh down moves confirmations.

Deeper Correction Continuation

Intra Day Charts Analysis & Market Outlook

(18-01-2016)

Nifty-Intra Day Chart (Jan 07 to Jan 15,2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in last 7 Sessions intraday charts

1- 7 Sessions actual trading between 7425-7654
2- Selling between 7552-7640 in previous 6 sessions
3- Supports between 7488-7521 on 11-01-2016 and 12-01-2016
4- Supports between 7425-7458 on 13-01-2016 and 14-01-2016
5- Selling between 7504-7562 on 15-01-2016

Conclusions from 7 Sessions intra day chart analysis 

Last 7 sessions actual trading between 7425-7654 with above mentioned supports and resistances.As sufficiently big 7 sessions sideways trading between 7425-7654 therefore following line was told on 14-01-2016 in valid break out of 7425-7640 will produce 5% Nifty moves

It is confirm that valid break out of 7425-7640 will produce 5% Nifty moves

Good selling in previous 6 sessions and more than 4 hours follow up good selling was seen on 15-01-2016 also therefore expected that on going correction will remain continued below 7 sessions lowest(7425) in next week which may be deeper also. Just go through following topic links for detailed technical analysis of on going that correction which started on 04-03-2015 from 9119.20:-

1- Updated on 07-01-2016:- Correction Continuation towards 7104/6761
2- Updated on 13-09-2015:- Finally correction continuation towards 7104/6761
3- Updated on 06-09-2015:- Next Target of Nifty at 7104.30

valid break out of 7425-7640 will produce 5% Nifty moves

Intra Day Chart Analysis & Market Outlook

(15-01-2016)

Nifty-Intra Day Chart (14-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 7444-7491
2- More than 3 hours slow up moves
3- Minor selling between 7572-7604
4- Whole day actual trading between 7444-7604

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Sideways Market for Next Big Moves Preparation":-

1- As sufficiently strong both supports and resistances between 7425-7640 therefore expected that Nifty will trade and prepare for next big moves within this range in the next 2/3 sessions.
2- Indian markets will have prepare for next decisive moves between 7425-7640 because following supports and resistances are lying within this range:-

1- Supports between 7425-7458
2- Supports between 7488-7521
3- Resistances between 7552-7606
4- Resistances between 7614-7640

When all the Asian markets were trading in deep Red then following lines were told today at 08:28 AM in "7488 will be strong indication and 7425 will be confirmation of Deeper Correction":-

As 4 hours consolidation between 7488-7521 on 12-01-2016 therefore sustaining below 7488 will be strong indication of deeper correction and confirmation will be below 7425.

Whatsoever were told in previous 2 Outlooks all that was honoured by Indian markets in Following manner today:-

1- Trading range was given between 7425-7640 and Nifty traded whole day within mentioned range between 7443.80-7604.80 today despite all around Global markets weakness and above expectations Infy results.
2- Supports below 7521 and resistances above 7552 were told yesterday and Nifty closed exactly within this 31 points range at 7536.80 today.
3- Although all the Asian markets were deep Red today morning and SGX Nifty was trading more than 100 points down but we gave confirmations levels of 7488 and 7425,Nifty could not sustain below 7488 and closed above it after 160 points recovery from lower levels today.

Although Nifty got good supports at lower levels amid most depressed sentiments but after that up moves were slow which is a selling indication and higher levels selling was also seen therefore finally today trading will not be understood with Mixed patterns formations. 

As again lower levels supports and higher levels selling between 7425-7640 today therefore technically same view which was expressed yesterday that still Nifty has to prepare for next big decisive moves and that will be done through sideways trading within 7425-7640 tomorrow. 

It is confirm that valid break out of 7425-7640 will produce 5% Nifty moves therefore let market prepare for break out direction then will be updated according to intraday charts patterns formations in the coming sessions Outlooks in the same manner as being done for the last more than 5 years.

7488 will be strong indication and 7425 will be confirmation of Deeper Correction

Pre-open Outlook(14-01-2016)

As Dow's Futures was trading more than 140 points up and all the European markets were between 1.1% to 2.3% up during Indian trading hours yesterday therefore we told following line at 06:38 PM yesterday in "Sideways Market for Next Big Moves Preparation":-

3- Up moves after strong opening of European markets and sharp surge in Dow's Futures

As all the European markets could not sustain at higher levels and closed with small gains to negative yesterday and Dow Jones also closed 364 points down therefore all the Asian markets are trading 1.1% to 3.7% negative today morning and resultant Indian markets will open weaker today morning.

As 4 hours consolidation between 7488-7521 on 12-01-2016 therefore sustaining below 7488 will be strong indication of deeper correction and confirmation will be below 7425.

Sideways Market for Next Big Moves Preparation

Intra Day Chart Analysis & Market Outlook

(14-01-2016)

Nifty-Intra Day Chart (13-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 7552-7585
2- Support between 7425-7458
3- Up moves after strong opening of European markets and sharp surge in Dow's Futures
4- Whole day actual trading between 7425-7590

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Firstly Watch 7488-7521 Despite Negative News after Market Today"

1- technically indications of some up moves. 
2- possibility of some up moves above 7521 has turned alive today
3- suggesting only for some up moves 

Following lines were told today at 10:18 AM in "Firstly Watch Immediate Next Resistances after First Hour Strong Up Moves":-

1- Resistances between 7581-7606
2- Resistances between 7614-7640

A- Nifty will be understood sideways between 7488-7640
B- firstly above mentioned immediate next resistances should be watched after first hour strong up moves today.

Whatsoever were told in previous 2 Outlooks all that was honoured by Indian markets in Following manner today:-

1- Up moves were told again and again yesterday and Nifty closed 52.10 points up today.
2- Up moves above 7521 was told and Nifty closed above it at 7562.40 today.
3- Resistances above 7581 were updated and Nifty closed below it at 7562.40 today. 
4- Sideways market between 7488-7640 was told and Nifty closed within this range after most time trading within this range.

Highly volatile trading within 165 points today with lower levels supports and higher levels selling therefore Indian markets will have prepare for next decisive moves between 7425-7640 because following supports and resistances are lying within this range:-

1- Supports between 7425-7458
2- Supports between 7488-7521
3- Resistances between 7552-7606
4- Resistances between 7614-7640

As sufficiently strong both supports and resistances between 7425-7640 therefore expected that Nifty will trade and prepare for next big moves within this range in the next 2/3 sessions. Let market prepare for break out direction then will be updated according to intraday charts patterns formations in the coming sessions Outlooks in the same manner as being done for the last more than 5 years.

Firstly Watch Immediate Next Resistances after First Hour Strong Up Moves

Post-open Outlook(13-01-2016)

Nifty-Intra Day Chart(First 15 Minutes of 13-Jan-2016)

Just click on chart for its enlarged view

Conclusions from intra day chart analysis 

Although most negative news after markets hours yesterday but we were not Bearish but cautious therefore told following lines yesterday in "Firstly Watch 7488-7521 Despite Negative News after Market Today"

1- technically indications of some up moves. 
2- possibility of some up moves above 7521 has turned alive today
3- suggesting only for some up moves 

As was told yesterday 100% same happened today through Nifty is trading above 7521 after gaining more than 66 points within first 15 minutes.

Following resistances were updated in previous Outlooks and today highest at this moment is at 7585.95:-

1- Resistances between 7581-7606
2- Resistances between 7614-7640

Nifty will be understood sideways between 7488-7640 because supports at lower levels and above mentioned resistances at higher levels within this range therefore Nifty will trade and prepare for next decisive moves within this range and finally sustaining beyond these Crucial levels will decide next Short Term Trend but firstly above mentioned immediate next resistances should be watched after first hour strong up moves today.

Firstly Watch 7488-7521 Despite Negative News after Market Today

Intra Day Chart Analysis & Market Outlook
(13-01-2016)

Nifty-Intra Day Chart (12-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel
2- Consolidation between 7488-7521
3- Whole day actual trading between 7488-7578

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Still Correction Continuation Expectations":-

1- Nifty will firstly trade within today trading range(7485-7605)
2-still correction continuation will be considered below today lowest(7485)

As was told almost 100% same happened today and Nifty traded whole day today within yesterday trading range between 7487.80-7588.30 and also correction remained continued towards yesterday lowest as well as got support just above it at 7487.80.

Today down moves beginning immediately after opening but in Bullish Falling Channel and last 4 hours consolidation patterns formations also between 7488-7521 therefore technically indications of some up moves.  

Following negative news after market today

1- Huge fall in November IIP(from 9.8% to -3.2%(MoM)
2- December CPI risen from 5.41 to 5.61%(MoM) 

As above mentioned big negative news after market today therefore market may react through gap down opening tomorrow but finally sustaining below today lowest(7488) should be firstly watched tomorrow because possibility of some up moves above 7521 has turned alive today after good consolidation between 7488-7521.

Correction is on and only one day today good consolidation is not sufficient for its completion or trend reversal but suggesting only for some up moves which will be decided through sustaining beyond today consolidation range(7488-7521) and that should be firstly watched tomorrow for next Very Short Term Trend despite above mentioned negative news after market today.

अंतिम निष्कर्ष का हिंदी अनुवाद 

करेक्शन चल रहा है और इसकी समाप्ति के लिए या ट्रेंड पलटने के लिए केवल आज एक दिन की खरीददारी पर्याप्त नहीं है लेकिन कुछ ऊपर की तरफ बढोत्तरी देखी जा सकती है जिसका अंतिम निर्णय आज की खरीददारी की रेंज(7488-7521) के पार बाज़ार के स्थिर होने के अनुसार किया जायेगा और ऊपर लिखे नकारात्मक समाचार होने के बाद भी इसे सबसे पहले कल ध्यान से देखा जाना चाहिए।

Still Correction Continuation Expectations

Intra Day Chart Analysis & Market Outlook

(12-01-2016)

Nifty-Intra Day Chart (11-Jan-2016):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Support between 7485-7515
2- Support between 7530-7542
3- Selling between 7579-7605
4- Whole day actual trading between 7485-7605

Conclusions from intra day chart analysis 

As all the Asian markets were in deep Red after huge fall of Chinese markets and sentiment turned depressed therefore gap down opening of Indian markets but strong intraday recovery from lower levels because Very Short Term Oscillators also turned Oversold after such big fall.

Bearish markets always remains highly volatile and today recovery from lower levels will be understood only intraday technical correction for sentiment maintaining. Until Nifty will not sustain above following resistances till then decisive up moves will not be considered:-

1- Resistances between 7581-7606
2- Resistances between 7614-7640

Above resistances levels were updated on 07-01-2016 in "Correction Continuation towards 7104/6761" and Nifty could not cross 1st resistance range(7581-7606) today as well as closed below it after follow up selling within it therefore this resistance range has become stronger today. 

As lower levels supports amid much depressed sentiments today therefore expected that Nifty will firstly trade within today trading range(7485-7605) and prepare for next decisive moves within this range in the coming sessions but still correction continuation will be considered below today lowest(7485) after follow up selling and until complete consolidation will not develop till then fresh rally after correction completion will not be seen. 

अंतिम निष्कर्ष का हिंदी अनुवाद 

चूंकि बहुत ही ख़राब माहौल होने के बावजूद आज नीचे के स्तर पर बाज़ार को सपोर्ट मिला है इसलिए आशा की जाती है कि निफ़्टी आने वाले दिनों में आज ही  की ट्रेडिंग लेवल्स(7485-7605) के बीच में ही बाजार ट्रेड करेगा और आने वाले दिनों की निर्णायक दिशा के लिए अपने को तैयार करेगा लेकिन आज के सबसे निम्न स्तर  के भी नीचे(7485) तक करेक्शन चालू रहने पर ही इस समय विचार किया जायेगा और जब तक पूरी तरह से खरीददारी विकसित नहीं हो जाती तब तक करेक्शन पूरा होने के बाद कोई भी नई रैली नहीं देखी जाएगी। 

Post-open Outlook(11-01-2016)

Although new 52 week lowest formation today after slipping below 7539.50 but all the Outlooks on Home page of this Blog are live proofs for this fact that we told for correction in all the Outlooks and it was seen through Nifty slipping by 477 points in 2016.

Correction is very much on and its continuation is expected,let consolidation develop then correction completion will be considered. Just click following topic links and understand technical reasons of this sharp fall as well as next targets of on going correction.

1- Updated on 07-01-2016:- Correction Continuation towards 7104/6761
2- Updated on 13-09-2015:- Finally correction continuation towards 7104/6761
3- Updated on 06-09-2015:- Next Target of Nifty at 7104.30