Following lines was told yesterday in Technical Analysis and Market Outlook(30-07-2014):-
Following lines was told at 12:28 PM on 25-07-2014 in Mid-session Outlook:-
As intraday charts showed consolidation patterns formations therefore we posted crucial supports levels and Nifty could not sustain below 7772/7723 as well as last 2 sessions correction completed at 7708 today. First 4 hours intraday charts also showed consolidation today therefore expectations of new life time high formation and rally continuation in the coming sessions.
strong indication of 2 sessions correction completion at day's lowest(7723)
Following lines was told at 12:28 PM on 25-07-2014 in Mid-session Outlook:-
Nifty will not sustain below yesterday lowest(7772)
As intraday charts showed consolidation patterns formations therefore we posted crucial supports levels and Nifty could not sustain below 7772/7723 as well as last 2 sessions correction completed at 7708 today. First 4 hours intraday charts also showed consolidation today therefore expectations of new life time high formation and rally continuation in the coming sessions.