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Pre-Closing Outlook(05-01-2012)

Following lines were told yesterday in Rally is On Despite Red Closing Today

Expected that Nifty will firstly hover around today trading range(4730-4780) but will not sustain below 4730 and finally cross and sustain above 4730 as well as rally will remain continued in the coming sessions.

100% Accuracy proofs of above projection are as follows;-

1- 4730-4780 was given yesterday and today trading range is 4730.15-4779.80
2- Told that will not sustain below 4730 and whole day trading above 4730 today.
3- Told that sustain above 4730 and whole day trading above 4730 today.

100% Accuracy proofs of today projection is as follows;-

"selling patterns also seen at higher levels' was told at 11:29:00 AM today and Nifty could not sustain at higher levels.

Selling was told at 11:29:00 AM and new intraday low was formed in last 45 minutes today.

Although market could not sustain at higher levels and today selling patterns are also seen today but more consolidation patterns in last 2 sessions therefore upside break out possibilities of last 2 sessions range(4730-4780) are more in the coming sessions.