As soon as profit booking possibility was seen then it was immediately updated in Post-open Outlook(07-01-2013) and intraday lows were broken down also. Nifty actual trading range of today is 6006-6026 with minor selling at higher levels and last 2 hours mixed intraday patterns trading between 6006-6016.
Valid break out of 6006-6026 will give next very short term down trend confirmation below 6006 and on going rally continuation confirmation above 6026.
Valid break out of 6006-6026 will give next very short term down trend confirmation below 6006 and on going rally continuation confirmation above 6026.