Following lines were told in What will be Indian markets reaction on Dow's 175 points crash? yesterday:-
Whatsoever may be depressing Asian markets reaction on US market 1.5% last Friday down but Nifty will first trade between 5400-5473 and prepare for next moves.
As We told 100% same happened and Nifty prepared for next moves within mentioned range(5400-5473) and after that did not followed weak US and Asian markets but followed our upmoves prediction of Post-open Outlook(13-06-2011)
Sustainability above 5480 will be watched for up moves confirmations. Strong resistances between 5522-5604 therefore market requires consolidations before every rise. Expected that Indian markets will consolidate and will move up.
5480-5522 break out should be watched for first signal of next moves confirmations.
Whatsoever may be depressing Asian markets reaction on US market 1.5% last Friday down but Nifty will first trade between 5400-5473 and prepare for next moves.
As We told 100% same happened and Nifty prepared for next moves within mentioned range(5400-5473) and after that did not followed weak US and Asian markets but followed our upmoves prediction of Post-open Outlook(13-06-2011)
Sustainability above 5480 will be watched for up moves confirmations. Strong resistances between 5522-5604 therefore market requires consolidations before every rise. Expected that Indian markets will consolidate and will move up.
5480-5522 break out should be watched for first signal of next moves confirmations.