ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Trading Calls
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Post-open Outlook(13-07-2011)
Yesterday down moves were the result of crashing global markets and Indian markets are trading strong after getting positive Asian cues. Nifty has almost crossed yesterday selling range(5550-5578) within first 25 minutes of trading and made high at 5578.90. It is sign of strength but Nifty will trade now between yesterday selling range (5550-5578) and prepare for next moves. Coming hours trading patterns (consolidation/distribution) will give next moves first signal. Next moves and trend confirmation will be sustaining beyond 5550-5578.