ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


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Mid-session Outlook(09-06-2011)

Nifty slipped below 5515 and formed the bottom at 5505 but down moves were without force. and Nifty recovered and again trading at 5520. I told again and again for getting confirmations through sustaing below 5515.

Intraday charts are showing minor base formation between 5505-5515 today also. It is the character of stock markets that it takes its own time in preparation process and it is being done between 5529-5605. We shall continuously understand at each minor move and drawing conclusions also. let 100% confirmation come then will be posted.