Technical Analysis,Research of EOD,Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained yesterday in following topics with 1 Chart therefore not being repeated:-
Technical Analysis,Researches & Market Outlook(08-09-2011)
Market always moves on its own technicals therefore when DOW Jones was more than 200 points down on 06-09-2011 then we told for yesterday Bullish markets and Indian markets closed more than 1% up. When DOW Jones was more than 200 points up yesterday then we did not told for today Bull markets in above mentioned topic and repeated same views of follow up Buying/Selling which we had already been expressed in Pre-Closing Outlook(07-09-2011) also.
Higher levels Buying and lower levels selling yesterday therefore range bound market between yesterday trading range(5085-5153) will be seen and Indian markets will prepare for next decisive moves between this range today as well as this range break out will be next moves confirmation.
Nifty will firstly trade and prepare for next moves between 5110-5140 after flat to positive opening and break out of this range will give next moves first indication. Next moves confirmation will be sustaining beyond 5085-5153.
Technical Analysis,Researches & Market Outlook(08-09-2011)
Market always moves on its own technicals therefore when DOW Jones was more than 200 points down on 06-09-2011 then we told for yesterday Bullish markets and Indian markets closed more than 1% up. When DOW Jones was more than 200 points up yesterday then we did not told for today Bull markets in above mentioned topic and repeated same views of follow up Buying/Selling which we had already been expressed in Pre-Closing Outlook(07-09-2011) also.
Higher levels Buying and lower levels selling yesterday therefore range bound market between yesterday trading range(5085-5153) will be seen and Indian markets will prepare for next decisive moves between this range today as well as this range break out will be next moves confirmation.
Nifty will firstly trade and prepare for next moves between 5110-5140 after flat to positive opening and break out of this range will give next moves first indication. Next moves confirmation will be sustaining beyond 5085-5153.