ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


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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"

Nifty Spot-Levels & Trading Strategy for 04-04-2011

Nifty Spot-Levels

R3 5904
R2 5882
R1 5854
Avg 5832
S1 5804
S2 5782
S3 5754

Nifty Spot-Trading Strategy

H6 5876     Trgt 2
H5 5864     Trgt 1
H4 5853     Long breakout
H3 5839     Go Short
H2 5835
H1 5830
L1 5821
L2 5816
L3 5812     Long
L4 5798     Short Breakout
L5 5787     Trgt 1
L6 5775     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2011

Nifty(Apr Fut)-Levels

R3 5931
R2 5907
R1 5884
Avg 5860
S1 5837
S2 5813
S3 5790

Nifty(Apr Fut)-Trading Strategy

H6 5908     Trgt 2
H5 5897     Trgt 1
H4 5886     Long breakout
H3 5873     Go Short
H2 5869
H1 5865
L1 5856
L2 5852
L3 5848      Long
L4 5835     Short Breakout
L5 5824     Trgt 1
L6 5813     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 04-04-2011

Bank Nifty(Apr Fut)-Levels

R3 11982
R2 11891
R1 11784
Avg 11693
S1 11586
S2 11495
S3 11388

Bank Nifty(Apr Fut)-Trading Strategy

H6 11876     Trgt 2
H5 11831     Trgt 1
H4 11785     Long breakout
H3 11731     Go Short
H2 11713
H1 11695
L1 11658
L2 11640
L3 11622     Long
L4 11568     Short Breakout
L5 11522     Trgt 1
L6 11477     Trgt 2

Nifty Spot-Weekly Levels & Trading Strategy(04 Apr to 08-04-2011)

Nifty Spot-Weekly Levels

R3 6146
R2 6009
R1 5917
Avg 5780
S1 5688
S2 5551
S3 5459

Nifty Spot-Weekly Trading Strategy

H6 6062     Trgt 2
H5 6007     Trgt 1
H4 5951     Long breakout
H3 5888     Go Short
H2 5867
H1 5846
L1 5805
L2 5784
L3 5763     Long
L4 5700     Short Breakout
L5 5644     Trgt 1
L6 5589     Trgt 2

FII Trading Data in Derivatives Segment on 01-Apr-2011


FII & DII trading activity in Capital Market Segment on 01-Apr-2011

FII trading activity on NSE and BSE in Capital Aprket Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII01-Apr-20112846.212430.93415.28


DII trading activity on NSE and BSE in Capital Aprket Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII01-Apr-2011675.951088.58-412.63

Analysis: Nifty Intra Day Chart of 01-04-2011

Just click on chart for its enlarged view

Pre-closing Outlook(01-04-2011)


Nifty traded alomost whole day between 5815-5840 and intraday charts are suggesting consolidations today. Confirmation point will be sustaining above 5840 and until Nifty will not move below 5780 till then any down move will not be imagined.

5700-5900 is resistance range and today consolidation within range bound moves is strong indication of rally above 5900 in next week. I told more than 10 times for moves above5900 in last 6 sessions and follow up buying on Monday will pave the way of forceful rally above 5900 in next week and then next targets above 5900 will also be declared after Monday.

Mid-session Outlook(01-04-2011)

Crude above $107 therefore pressure in Indian markets and trading in negative zone. Although slipped from higher levels today also but no clear selling pattern formed yet. 5815-5840 break out will be watched for next immediate move indication.

Nifty got good support between 5780-5800 yesterday therefore Nifty sustaing above with intraday consolidation patterns today will be next upmove strong confirmation.

Pre-Open Market Outlook(01-04-2011)

Technical Positions and today Outlook and next possibilities have already been discussed in following topic yesterday  therefore not being repeated today:-

"Post-closing Report(31-03-2011) & Tomorrow Outlook"

Global markets are calm therefore flat opening is expected. Nifty got good support between 5780-5800 therefore slipping below this range not expected. 5700-5900 is resistance range therefore consolidation required between this range and yesterday 94 points intra day fall from day's higher levels was a part of this process.

Whole day trading between yeterday range(5778-5872) expected and Nifty will not slip below 5778 and levels above 5900 will be seen between 2/3 sessions.

5900 crossing Tomorrow or on Monday

Post-closing Report(31-03-2011) & Tomorrow Outlook

Indian markets closed positive in highly volatile derivative expiry day today and for this closing I told minimum 10 times in all the 7 outlooks and also explained:-

1- reasons for today positive closing.
2- Bull markets correction character
3- Clearly told for support near 5800 and when Nifty was below 5800 then also told for support at that point and upmoves.

Just click following linkand understand above points from all today outlooks

http://enjoydailyprofits.blogspot.com/search/label/Whole%20Day%20Guidance


Tomorrow(01-04-2011) Outlook

March series expiry near the top of month. All trends are up and run away rally is on. 5700-5900 has been resistance and it is the strength of rally that Nifty cleared almost whole resistance and made the top at 5872 today. I told more than 5 times in this week for 5900. Many are telling for correction and Bullish markets corrections character have also been explained many times. For any type of down moves I told following lines specially in Post-closing Report(28-03-2011) & Tomorrow Outlook:-

"Complete selling patterns are required for any decisive down moves and until that will not happen till then any down move will not be imagined and after 2 months range break out any selling development can not be dreamed also."

5th wave is on and it is the character of 5th wave that it moves fast. As per my view resistance range has almost been cleared and moves above 5900 will be seen within couple of sessions. Next crucial resistance is above 6100 and also expected that fast up moves will be seen between 5900-6100.

Firstly trading between today range(5778-5872) and then Continuation of rally expected tomorrow. Only it has to be decided that Nifty will cross 5900 tomorrow or on Monday.  

Nifty Spot-Levels & Trading Strategy for 01-04-2011

Nifty Spot-Levels

R3 5971
R2 5921
R1 5877
Avg 5827
S1 5783
S2 5733
S3 5689

Nifty Spot-Trading Strategy

H6 5927     Trgt 2
H5 5906     Trgt 1
H4 5884     Long breakout
H3 5858     Go Short
H2 5850
H1 5841
L1 5824
L2 5815
L3 5807     Long
L4 5781     Short Breakout
L5 5759     Trgt 1
L6 5738     Trgt 2

Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2011

Nifty(Apr Fut)-Levels

R3 6110
R2 6012
R1 5935
Avg 5837
S1 5760
S2 5662
S3 5585

Nifty(Apr Fut)-Trading Strategy

H6 6036     Trgt 2
H5 5995     Trgt 1
H4 5954     Long breakout
H3 5906     Go Short
H2 5890
H1 5874
L1 5841
L2 5825
L3 5809     Long
L4 5761     Short Breakout
L5 5720     Trgt 1
L6 5679     Trgt 2

Bank Nifty(Apr Fut)-Levels & Trading Strategy for 01-04-2011

Bank Nifty(Apr Fut)-Levels

R3 12208
R2 12093
R1 11899
Avg 11784
S1 11590
S2 11475
S3 11281

Bank Nifty(Apr Fut)-Trading Strategy

H6 12014     Trgt 2
H5 11944     Trgt 1
H4 11874     Long breakout
H3 11789     Go Short
H2 11761
H1 11733
L1 11676
L2 11648
L3 11620     Long
L4 11535     Short Breakout
L5 11465     Trgt 1
L6 11395     Trgt 2

FII Trading Data in Derivatives Segment on 31-Mar-2011


FII & DII trading activity in Capital Market Segment on 31-Mar-2011

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII31-Mar-20116997.453672.863324.59


DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII31-Mar-20111640.233357.08-1716.85

Indian Stock Markets Highly Accurate Predictions,Projections & Intra day Support

This fact can be verified that my daily outlooks are always published daily from:-

1- Firstly Pre-open Outlook
2- then Post-open,Mid-session and Pre-closing Outlooks and
3- In the last Post-closing Report & Tomorrow Outlook

Provide Indian Indian Stock Markets guidance with maximum accuracy.

This fact can be verified that hardly any site or News Channel is providing such Highly Accurate Predictions,Projections & Support in India.

Not today but it is last 4 years record in leading Forums.

Mid-session Outlook-2(31-03-2011)


As sentiment was over heated today and whole market turned buyer therefore intraday correction was imminent and seen. Following lines were told in Pre-open Outlook today:-

"Nifty will first trade between 5770-5800 and will prepare for next moves. Consolidation,rally  and positive closing expected today. Fast moves above 5815"

Only time changed,firstly fast moves seen above 5815 and trading between 5770-5800 seen in the last.

Support  within mentioned range and then up moves expected.

Mid-session Outlook(31-03-2011)


Sentiment heated therefore Indian markets slipped from higher levels today in intraday correction. Expected that Nifty will get intra day support at 5800 today.

Nifty Waves Chart showed This Week Rally 4 days before


My outlooks are live proof of this fact that I told more than 5 times for 5900 in this week. I was 100% confirm for this level therefore I not told but also shown Bullish rally through upward arrows in chart on 28-03-3011. For live proof just click following link:-

http://enjoydailyprofits.blogspot.com/2011/03/rally-after-very-short-term-correction.html

Nifty Waves Structure Chart- This chart was posted in above link and in this chart expected upmoves toward 5900 were shown through upward arrows:-
Just click on chart for its enlarged view

Today high is 5872 and has almost tested my given target 4 days before.

Post-open Outlook(31-03-2011)

It has been told many times that market consolidates at higher levels in Bull rallies and same happening today. When Nifty was below 5400 from that levels also I  told many times in this week for minimum 5900 and it will be seen in next week or before.

Cosolidation is on after good opening today and Green closing will also be seen.

Pre-Open Market Outlook(31-03-2011)

Technical Positions and today Outlook and next possibilities have already been discussed in following topic yesterday in my Blog therefore not being repeated today:-

"Post-closing Report(30-03-2011) & Tomorrow Outlook"

March derivative series expiry at the top of month today and it means top formation after complete buying at lower levels. Closing expected near the top of month and any down move will not be possibble.

Nifty will first trade between 5770-5800 and will prepare for next moves. Consolidation,rally  and positive closing expected today. Fast moves above 5815. As some selling formations yesterday therefore sustaining above 5800 will be watched for immediate next upmove confirmations otherwise rally seems confirm above 5800.

Post-closing Report(30-03-2011) & Tomorrow Outlook

Indian victory in Historical Cricket Match


Nifty traded whole day today between 5770-5800. Following lines were told in Mid-session Outlook for today trading and being repeated:-

1- Sentiment heated after 438 points rise in last 8 sessions
2- Very short term indicators are over bought
3- some pivotal intraday chart are showing selling patterns
4- Indian markets are underperforming Asian markets

Nifty Intra Day Chart of Today
 Nifty F&O data of today as follows:-

Put Call Ratio- 1.08

Open Interest Changed Today

Nifty- 5700 CE(31MAR2011)- -1169700(-20.79%)
Nifty- 5700 PE(31MAR2011)- +420650(+5.93%)

Nifty- 5800 CE(31MAR2011)- +581050(+8.43%)
Nifty- 5800 PE(31MAR2011)- +2483500(+64.02%)

Today Closing

Sensex- closed at 19290.18(+169.38 Points & +0.89% )
Nifty- closed at 5787.65(+51.30 Points & +0.89%%)
CNX MIDCAP - closed at 8031.80(+129.80 Points & +1.64%)
BSE SMALL CAP- closed at 8158.67 (+175.83 Points & +2.20%)

Tomorrow(31-03-2011) Outlook

All trends are up,Rally is on and Nifty is trading within resistance range(5700-5900) and consolidation is required before any upmove. It is the character of Bullish rally that:-

1- Markets ususlly consolidate at higher levels.
2- Market does not dip too much.
3- Very short term indicators remains longer period in overbought zone.

Nifty will first hover around today range(5770-5800) and will prepare for next moves. Consolidation,rally  and positive closing expected expected tomorrow.

FII Trading Data in Derivatives Segment on 30-Mar-2011


FII & DII trading activity in Capital Market Segment on 30-Mar-2011

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII30-Mar-20112802.22062.591111


DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII30-Mar-20111291.971907.31-615.34

Nifty Spot-Levels & Trading Strategy for 31-03-2011

Nifty Spot-Levels

R3 5859
R2 5831
R1 5809
Avg 5781
S1 5759
S2 5731
S3 5709

Nifty Spot-Trading Strategy

H6 5837     Trgt 2
H5 5825     Trgt 1
H4 5814     Long breakout
H3 5800     Go Short
H2 5796
H1 5791
L1 5782
L2 5777
L3 5773     Long
L4 5759     Short Breakout
L5 5748    Trgt 1
L6 5736    Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 31-03-2011

Nifty(Mar Fut)-Levels

R3 5866
R2 5841
R1 5820
Avg 5795
S1 5774
S2 5749
S3 5728

Nifty(Mar Fut)-Trading Strategy

H6 5845     Trgt 2
H5 5834     Trgt 1
H4 5824     Long breakout
H3 5811     Go Short
H2 5807
H1 5803
L1 5794
L2 5790
L3 5786     Long
L4 5773     Short Breakout
L5 5763     Trgt 1
L6 5752     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 31-03-2011

Bank Nifty(Mar Fut)-Levels

R3 12075
R2 11956
R1 11872
Avg 11753
S1 11669
S2 11550
S3 11466

Bank Nifty(Mar Fut)-Trading Strategy

H6 11994     Trgt 2
H5 11947     Trgt 1
H4 11900    Long breakout
H3 11844     Go Short
H2 11826
H1 11807
L1 11770
L2 11751
L3 11733    Long
L4 11677     Short Breakout
L5 11630     Trgt 1
L6 11583     Trgt 2

Mid-session Outlook(30-03-2011)

Bull markets correction character was explained in following lines Post-open Outlook yesterday and Indian markets showed exactly same  character in last one hour yesterday and first hour today:-

"Only minor very short term corrections should be expected after heated sentiments and rally will remain continued after its completion and fresh higher levels consolidations."

5700-5900 is resistance range and intraday correction with range bound moves or little dips will always be seen in consolidations. Sentiment heated after 438 points rise in last 8 sessions,Very short term indicators are over bought,some pivotal intraday chart are showing selling patterns and Indian markets are underperforming Asian markets also therefore today trading(5780-5800) range break out should be watched first immediate mext moves confirmations.

Updation will start after 10:00AM today


Blog could not be updated due to some unavoidable reasons after market hours yesterday. Posting will resume after 10:00AM today. Sorry for inconvenience.

Post-open Outlook(29-03-2011)

When all were telling for Nifty below 5200 then I started to tell for minimum 5900 and rally started from very much that day when minimum 5900 was told before oprning of market in Pre-Open Market Outlook(25-03-2011)

5th wave is on and Nifty is trading within resistance range(5700-5900). Market consolidate at higher levels without any deeper corrections in bullish markets and that will be seen. If having courage then ride on running horse otherwise if will try to stop(shorting) then remain prepared for kick.

Remain bullish. Market require complete complete selling patterns for any down move begining and whenever that will happen then intraday charts will show well in advance. Only minor very short term corrections should be expected after heated sentiments and rally will remain continued after its completion and fresh higher levels consolidations.

Post-open Outlook(29-03-2011)

All the Asian markets are either flat or in Red but Indian markets out performed today also and main Indices are up. Bull rally is on and it will correct at higher levels without too much slipping.

I am telling following lines daily:-

"Nifty will not sustain below 5580 in worst situations also" 

Bull rally will remain continued without any deeper correction.

Pre-Open Market Outlook(29-03-2011)

Technical Positions and today Outlook and next possibilities have already been discussed in following topic yesterday  therefore not being repeated today:-

"Post-closing Report(28-03-2011) & Tomorrow Outlook"

Intraday chart was posted in Post-closing Report(28-03-2011) yesterday and in that chart yesterday intraday moves were divided in 2 parts:-

1- Buying within 5655-5680
2- Selling Indications within 5691-5703

 As very short term indicators are overbought,minor correction possibility can not be ruled out and selling indication at higher levels also yesterdy therefore fresh consolidations is required and Nifty will trade first within yesterday range. Global markets are little weak today and if it deepens also then Indian markets may slip but  Nifty will not sustain below 5580 in worst situations also.

Let indian markets trade within yesterday range and today intraday charts will decide:-

1- Continuation of rally after fresh consolidations or
2- Very short term correction

Post-closing Report(28-03-2011) & Tomorrow Outlook

Indian markets out performed Asian Markets and closed positive despite all Asian markets Red closing. Most stocks intra day charts and Indices charts are showing consolidations except last 2 hours trading between 5691-5703 because some selling indications within this range. When such signals were observed then I told in my Blog for possibility of a dip and that was seen also and Indices closed after minor slipping from higher levels. Good consolidations at lower levels and most stocks are also showing consolidations therefore Bullish Outlook is maintained.

Nifty Intra Day Chart of Today:-
Just click on chart for its enlarged view
Nifty F&O data of today as follows

Put Call Ratio- 1.02

Open Interest Changed Today

Nifty- 5600 CE(31MAR2011)- -468300(-10.97%)
Nifty- 5600 PE(31MAR2011)- +881250(+13.52%)

Nifty- 5700 CE(31MAR2011)- -198850(-3.02%)
Nifty- 5700 PE(31MAR2011)- +2359100(+75.28%)

Today Closing

Nifty- closed at 5687.25(+33.00 Points & +0.58% )
SENSEX- closed at 18943.14(+127.50 Points & +0.68%)
CNX MIDCAP - closed at 7866.55(+42.40 Points & +0.54%)
BSE SMALL CAP- closed at 8011.63(+10.00 Points & +0.12%)

Tomorrow(29-03-2011) Outlook

Strong up trend and no other selling signal except 2 hours some selling indications within 5691-5703 today. 5600 forceful break out and sustaining above today also gave strong rally confirmations. Complete selling patterns are required for any decisive down moves and until that will not happen till then any down move will not be imagined and after 2 months range break out any selling development can not be dreamed also.

Markets consolidates at higher levels and only minor dips are seen in Bullish markets therefore continuation of rally expected after some intraday trading within today intraday range(5655-5703) or above if Global cues remains strong. As very short term indicators are overbought minor correction possibility can not be ruled out but Nifty will not sustain below 5580 in worst situations also.

FII Trading Data in Derivatives Segment on 28-Mar-2011


FII & DII trading activity in Capital Market Segment on 28-Mar-2011

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
FII28-Mar-20112889.971999.95890.01


DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
CategoryDateBuy ValueSell ValueNet Value
DII28-Mar-20111519.731806.25-286.52

Nifty Spot-Levels & Trading Strategy for 29-03-2011

Nifty Spot-Levels

R3 5782
R2 5745
R1 5716
Avg 5679
S1 5650
S2 5613
S3 5584

Nifty Spot-Trading Strategy

H6 5753     Trgt 2
H5 5738     Trgt 1
H4 5723     Long breakout
H3 5705     Go Short
H2 5699
H1 5693
L1 5680
L2 5674
L3 5668     Long
L4 5650     Short Breakout
L5 5635     Trgt 1
L6 5620     Trgt 2

Nifty(Mar Fut)-Levels & Trading Strategy for 29-03-2011

Nifty(Mar Fut)-Levels

R3 5797
R2 5763
R1 5731
Avg 5697
S1 5665
S2 5631
S3 5599

Nifty(Mar Fut)-Trading Strategy

H6 5765    Trgt 2
H5 5750    Trgt 1
H4 5735     Long breakout
H3 5717     Go Short
H2 5711
H1 5705
L1 5692
L2 5686
L3 5680     Long
L4 5662     Short Breakout
L5 5647     Trgt 1
L6 5632     Trgt 2

Bank Nifty(Mar Fut)-Levels & Trading Strategy for 29-03-2011

Bank Nifty(Mar Fut)-Levels

R3 11994
R2 11818
R1 11688
Avg 11512
S1 11382
S2 11206
S3 11076

Bank Nifty(Mar Fut)-Trading Strategy

H6 11871     Trgt 2
H5 11799     Trgt 1
H4 11727     Long breakout
H3 11643     Go Short
H2 11615
H1 11587
L1 11530
L2 11502
L3 11474     Long
L4 11390     Short Breakout
L5 11318     Trgt 1
L6 11246     Trgt 2

Mid-session Outlook(28-03-2011)

Indian markets are out performing Asian Markets and trading positive while all other Asian markets closed in Red today. It is the strength of rally that intraday correction seen at higher levels only and market could not dip despite weaker Asian cues.

Indian markets are positive and rally will remain continued but today intraday charts are suggesting possibility of a dip therefore little cautious approach is required.

Rally after Very Short Term Correction

Weekly Analysis- 28-03-2011 to 01-04-2011

Nifty remained Range bound 40 days within 5178-5608 and forceful break out with upward gap seen last Friday. Nifty survived within menti   oned range even after worst national and international news therefore this range is one of the most strong support and its breaking down is not possible in the coming months.

Immediate supports are as follows

1- 1st 2 hours trading range of 25-03-3011- 5561-5581
2- 2nd Gap on 25-03-3011-5529-5561
3- 1st Gap on 24-03-3011-5485-5496
4- Trading range of 24-03-3011- 5500-5520

1-Break Out in EOD Chart
Just click on chart for its enlarged view
Wave-5 begun at 5178 on 11-02-2011 and its confirmation came on 25-03-2011 after following developments:-

1- 200-Day EMA crossed forcefully
2- Long term and Intermediate term trends turned up after 2 months today.
3- 2 months range broken out and proved 2 months consolidations and 5178-5600 established strong support.
4- As correction completion confirmations therefore Indian markets are prepared for a strong rally.
5- 4th wave completion at 5178 therefore Wave-5 commencement confirmation also

2- Nifty Waves Structure Chart




Daily Indicators and Averages Analysis Chart
Just click on chart for its enlarged view

Conclusions from Daily Indicators and Averages Analysis

Bullish points

1- Nifty crossed above all the averages.
2- MACD upward intersected average line and given rally confirmation.
3- ROC and RSI are above equalibrium line,moving up and below overbought line.

Bearish points

1- Nifty moved above upper Band of Bollinger Band therefore indicating stabilising here or very short term down move possibility.
2- Slow Stochastic is near overbought line therefore indicating little more upside possibility.
3- William %R is above overbought line therefore indicating down side possibility but this indicator remains too much time in overbought zone therefore when other indicators will also suggest for bearish moves then it will be down otherwise correction can be expected after its turning overbought.

Conclusions from Daily Indicators and Averages Analysis

Very short term indicators are little overbought therefore indicating very short term intraday or 1/2 days correction only otherwise rally commencement confirmations.

Conclusions

Sentiment heated and very short term indicators are in over bought zone therefore very short term correction is possible in the begining of week for cooling of indicators and sentiment. Slipping and moving below 5600 again possibility can not be ruled out but Nifty will not sustain below 200-Say EMA expected that rally will remain continued after expected correction. Correction will depend on news flow and heat of sentiment on Monday and if global cues does not show any weakness then then correction at higher levels or within range bound moves may also be seen in the begining of week.

5th Wave is confirm and finally rally will remain continued. Multiple resistances between 5700-5900 therefore rally may be slow but will remain contined in the coming week and weekly closing will be positive.

Nifty Waves Structure


Just click on chart for its enlarged view 

Wave-5 begun at 5178 on 11-02-2011 and its confirmation came on 25-03-2011 after following developments:-

1- 200-Day EMA crossed forcefully
2- Long term and Intermediate term trends turned up after 2 months today.
3- 2 months range broken out and proved 2 months consolidations and 5178-5600 established strong support.
4- As correction completion confirmations therefore Indian markets are prepared for a strong rally.
5- 4th wave completion at 5178 therefore Wave-5 commencement confirmation also

5900 testing possibility has been told in Pre-Open Outlook on 25-03-2011 and next targets will be disclosed at proper time.