Following lines were told on 13-10-2012 in 3 weeks Bull Bear Tussle with Bearish Like Formation
"As higher levels selling seen on the last day of previous week therefore expected that Indian markets will firstly slip in the beginning of next week"
As was told same happened and Nifty is trading in Red between 5,651.05-5,676.85 since opening today with higher levels selling signals but could not moved down fast after Inflation increasing negative news therefore lower levels supports can not be ruled out today.
Actual trading range of today is 5654-5669 and sustaining it beyond or forceful break out of this range will give next decisive trend first indication.
"As higher levels selling seen on the last day of previous week therefore expected that Indian markets will firstly slip in the beginning of next week"
As was told same happened and Nifty is trading in Red between 5,651.05-5,676.85 since opening today with higher levels selling signals but could not moved down fast after Inflation increasing negative news therefore lower levels supports can not be ruled out today.
Actual trading range of today is 5654-5669 and sustaining it beyond or forceful break out of this range will give next decisive trend first indication.