Nifty is trading below 5692 today but it was predicted yesterday at 03:15PM in Pre-Closing Outlook and following lines were told:-
"Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive"
Nifty slipped below 5692 and traded almost one hour also below it but sustaining below 5692 is must for confirmation of more down moves toward next supports near 5639.
"Although Nifty is trading near the highs of the day at this moment but selling within last 2 sessions 6 hours trading range(5692-5721) therefore possibility of slipping below 5692 and correction continuation is still alive"
Nifty slipped below 5692 and traded almost one hour also below it but sustaining below 5692 is must for confirmation of more down moves toward next supports near 5639.