1- Market is well prepared for Sharp Rally
2- Resistances crossed on 13-04-2011
3- Post-closing Report(13-04-2011) & 15 Apr 2011 Outlook
4- Nifty-Micro Analysis of Intra Day Chart(13-04-2011)
RIL and INFTEC results have power to trigger decisive direction to Indian markets and INFTEC Audited Results & Final Dividend announcement today at that time when Indian markets are well set to shoot up. Rocket is at launching pad,count down has been started,only sparking is left and that will be done by INFTEC results today.
Whatsoever may be sentiment today morning but today expected first trading range is 5875-5945. Sentiment may be heated today morning and in such mood profit booking possibility can not be ruled out therefore its confirmation is also required today.
Forceful break out and sustaining above 5940 today will be confirmation of fast moves toward 6120. Nifty trading within 5875-5945 will mean final view formation through 3/4 hours intraday charts analysis.
Possibilities have been discussed but as per my view strong rally above 5940 will trigger from today,