Although Nifty traded at 6025.10 today but when was trading at 6212 on 19-11-2013 and was 21 points up then following lines were told at 10:41 AM in Post-open Outlook(19-11-2013):-
Although Nifty closed 14 points up on 19-11-2013 but we were Bearish and posted following topic at 11:27 PM on 19-11-2013:-
Although Nifty traded 123 points down at 6025.10 today but we were Bearish well before and told for "selling and correction" in all the previous 7 Outlooks.
Nifty is now trading 21 points up but emergence of selling signals and very Short Term correction confirmation will be valid break down below 6187.
Although Nifty closed 14 points up on 19-11-2013 but we were Bearish and posted following topic at 11:27 PM on 19-11-2013:-
Although Nifty traded 123 points down at 6025.10 today but we were Bearish well before and told for "selling and correction" in all the previous 7 Outlooks.
correction continuation and as such no confirmation of its completion yet. Immediate supports are at 5980 and immediate resistance is at 6075 therefore sustaining beyond 5980-6075 should be watched for correction continuation/completion.