Post-open Outlook(26-12-2011)
Nifty is more than 1% up within 1st hour today and for such move following line was told in Pull Back Rally Continuation after Today Consolidations on 23-12-2011
whole day intraday pattern is suggesting consolidation formation today therefore no threat to previous week started rally and its continuation will be seen
Expected that Rally will continue after completion of minor correction last Friday and that correction was also told one day before on 22-12-2011 in following topic:-
Continuation of Rally after Consolidation and Minor Intraday Correction
Nifty is more than 1% up within 1st hour today and for such move following line was told in Pull Back Rally Continuation after Today Consolidations on 23-12-2011
whole day intraday pattern is suggesting consolidation formation today therefore no threat to previous week started rally and its continuation will be seen
Expected that Rally will continue after completion of minor correction last Friday and that correction was also told one day before on 22-12-2011 in following topic:-
Continuation of Rally after Consolidation and Minor Intraday Correction