Our view was Bullish and market moved up also immediately after opening but as soon as selling started to develop then we told following line at 01:25 PM in Mid-session Outlook:-
Confirm selling at higher levels today but consolidation above 6487 also in previous sessions therefore sustaining below 6487 should be firstly watched tomorrow because that will be deeper correction confirmation also.
now trading also near the higher levels of today but emergence of some selling signals also therefore view is cautious
We also told for forceful break out possibility at 02:27 PM in Mid-session Outlook-2 and Nifty slipped fast 40 points in just only 7 minutes
Pre-closing Outlook(13-03-2014)
Confirm selling at higher levels today but consolidation above 6487 also in previous sessions therefore sustaining below 6487 should be firstly watched tomorrow because that will be deeper correction confirmation also.