ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


 This is the "Oldest & Only Website" of whole World
which is updating Nifty & Indian Stock Markets
"Daily and Weekly accurate Outlooks" 
with "Intraday Charts Analysis"for the 
last more than "14 years" means from "2010". 
For its live Proofs just see "Archive"
in the "bottom of this Website".

Trading "calls" from our "Software" with more than "90% accuracy"

Technical Analysis,Researches & Market Outlook(13-07-2011)

Global storm and weaker IIP data reaction was so heavy yesterday that Nifty traded whole day below 200 Day EMA(5582) after gap down opening and followed global trend through deep Red closing. Nifty traded 8 days above between 5602-5738 and re-entered into last 39 sessions range(5329-5604) yesterday and Indian markets again turned into range bound mode within following 2 ranges:-

1- 5329-5628
2- 5178-5738

Nifty-Micro Analysis of Intra Day Chart For 13-07-2011

Nifty-Intra Day Chart(12-Jul-2011):-
Just click on chart for its enlarged view
Technical Patterns and Formations in intraday charts

1- Selling between- 5550-5578
2- Mixed Patterns between- 5500-5538

Conclusions (After Putting All Studies Together)

As intraday selling below 5600 yesterday therefore Nifty requires complete consolidation for crossing 5600. Correction is on and follow up selling today will mean more down moves.  Nifty will first trade between 5500-5538 and follow up buying/selling between this range will give next moves first indication.

Next trading range is 5500-5578 and next moves confirmation will be sustaining beyond this range.Nifty will trade first between 5500-5538 today and crossing of this range will be first indication of next moves.

Trading between 5500-5538 will be watched first and conclusions will be updated in Mid-session Outlooks according to next moves confirmations.
Posted by at