Good buying and confirm supports at lower levels and until Nifty will not sustain below today lowest(5870) till then next down moves will not be considered. Support between 5916-5932 on 03-06-2013 but 3 hours mixed Patterns formations seen near about this range between 5913-5934 on 05-06-2013 and good selling seen between 5960-5981 on 04-06-2013 therefore next trend deciding range is 5870-5981 because above mentioned lower levels supports and higher levels selling within it.
On going Wave-C retracement possibility up to 5841.10 was told on 03-06-2013 and today lowest formation at 5869.50. As good consolidation seen above it today therefore correction completion possibility will be kept in mind.
Above mentioned supports and resistances between 5870-5981 therefore Indian markets will prepare for next trend within this range and sustaining beyond this range should be firstly watched for on going corrective Wave-C completion/continuation.
On going Wave-C retracement possibility up to 5841.10 was told on 03-06-2013 and today lowest formation at 5869.50. As good consolidation seen above it today therefore correction completion possibility will be kept in mind.
Above mentioned supports and resistances between 5870-5981 therefore Indian markets will prepare for next trend within this range and sustaining beyond this range should be firstly watched for on going corrective Wave-C completion/continuation.
No gossiping never guessing and whatsoever market suggest,only that is updated.