Following lines and up moves expectations were clearly told in Pre-closing Outlook yesterday which proved 100% accurate in first minute today because consolidation was told within 5477-5496 yesterday and Nifty crossed this range in first minute today:-
"Nifty traded last 3 hours between 5477-5496 today. Although Nifty is trading at lower levels of last 3 hours range but intraday charts of last 3 hours are suggesting consolidations formations therefore upmoves expectations and possibility of trading within next resistance range(5522-5604) turned higher today"
Above views were repeated in all the outlooks which were written for today markets.
Strong opening today,entering and trading into next resistance range(5522-5604) possibility turned higher now.
"Nifty traded last 3 hours between 5477-5496 today. Although Nifty is trading at lower levels of last 3 hours range but intraday charts of last 3 hours are suggesting consolidations formations therefore upmoves expectations and possibility of trading within next resistance range(5522-5604) turned higher today"
Above views were repeated in all the outlooks which were written for today markets.
Strong opening today,entering and trading into next resistance range(5522-5604) possibility turned higher now.