Correction continuation
Post-open Outlook(05-11-2013)
Post-open Outlook(05-11-2013)
When all Business News Channels and websites were telling for most Bullish and immediate rally then we told following lines in "Correction in Muhurat Trading session on 03-11-2013 on 01-11-2013":-
"finally Nifty will not sustain above today highest(6330) and will slip as well as close below today lowest(6293)"
As was told almost same happened and:-
1- Nifty could not sustain above 6330 in Muhurat Trading session on 03-11-2013.
2- Nifty opened below 6293 at 6282.15 today(immediate next trading session).
3- Correction is on and Nifty is more than 60 points down now with lowest formation at 6256.
Following line was told in both Mid-session Outlooks on 01-11-2013:-
very Short Term correction possibility in the coming 1/2 sessions.
As was told 100% same happened within 1/2 sessions and very Short Term correction is being seen today,deeper correction will get confirmation after sustaining below 6194.