Resistances development was clearly told on 15-12-2012 in "Rally after Follow Up Consolidations"
"resistances development also in last 10 sessions and extreme heated sentiment formations due to positive announcements from Indian Government"
Resistances development with its formation reasons was also clearly told and resultant Red zone trading today.
Intraday selling formations seen between 5880-5885 today and was also updated at 10:38 AM. Nifty could not trade above 5880 after mentioned posting and follow up selling seen today therefore down moves are expected.
"resistances development also in last 10 sessions and extreme heated sentiment formations due to positive announcements from Indian Government"
Resistances development with its formation reasons was also clearly told and resultant Red zone trading today.
Intraday selling formations seen between 5880-5885 today and was also updated at 10:38 AM. Nifty could not trade above 5880 after mentioned posting and follow up selling seen today therefore down moves are expected.