Following lines were told yesterday in Technical Analysis and Market Outlook(06-06-2014):-
Expected that Nifty will firstly trade between resistance range(7450-7563) tomorrow and volatility with intraday correction will also be seen.
Following intraday chart of today is proving that what so ever was told yesterday all that proved 100% accurate today in first 2 hours of today trading:-
Expected that Nifty will firstly trade between resistance range(7450-7563) tomorrow and volatility with intraday correction will also be seen.
Following intraday chart of today is proving that what so ever was told yesterday all that proved 100% accurate today in first 2 hours of today trading:-
As some selling was also seen today therefore consolidation is firstly required and valid break out of today trading range(7498-7535) and finally 7450-7563 should be watched for next immediate decisive trend confirmations but finally rally continuation is expected above 7563