Following lines were told at 08:51:00 AM in Pre-open Outlook(29-09-2011):-
Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.
Nifty is trading between 4906-4943.45 and could not sustained below 4907 as well as moved up.
We cautioned within first half hour in Post-open Outlook(29-09-2011) and also clearly told for up moves in Dow's Futures, volatility and getting down moves confirmations through sustaining below 4907.
Clear supports near 4907 in last 2 sessions and again support at same level today therefore next decisive moves confirmation range is 4905-4982 and Nifty will trade between this range in the coming hours/session.
Nifty will first trade between 4907-4950 after weak opening today,slipping below 4918 will be first indication and sustainiing below 4907 will be deep down confirmation.
Nifty is trading between 4906-4943.45 and could not sustained below 4907 as well as moved up.
We cautioned within first half hour in Post-open Outlook(29-09-2011) and also clearly told for up moves in Dow's Futures, volatility and getting down moves confirmations through sustaining below 4907.
Clear supports near 4907 in last 2 sessions and again support at same level today therefore next decisive moves confirmation range is 4905-4982 and Nifty will trade between this range in the coming hours/session.