Live Proofs of Rally above All Time High Predictions from 19-10-2014
Only we told for Rally 9 times in whole India
When Nifty closed at the lowest of correction at 7780 on 17-10-2014(Friday) then then following line was told on 19-10-2014 in Technical Analysis and Market Outlook(20-10-2014):-
1- strong indication of fresh strong rally above all time high
In Technical Analysis and Market Outlook(21-10-2014):-
2- strong indication of fresh strong rally above all time high
In Technical Analysis and Market Outlook(22-10-2014):-
3- strong indication of fresh strong rally above all time high
In Technical Analysis and Market Outlook(27-10-2014):-
4- Finally rally continuation is expected above 8030 in next week
In Technical Analysis and Market Outlook(28-10-2014):-
5- finally rally continuation is expected in the coming sessions
In Mid-session Outlook-2(28-10-2014):-
6- we are expecting finally rally in the coming sessions
In Technical Analysis and Market Outlook(29-10-2014):-
7- finally rally above all time high will be seen
In Mid-session Outlook(29-10-2014):-
8- up moves are expected in the coming sessions.
In Technical Analysis and Market Outlook(30-10-2014):-
9- rally continuation is expected after follow up consolidations
Technical Analysis and Market Outlook
(31-10-2014)
Nifty-Intra Day Chart (30-Oct-2014):- |
| Just click on chart for its enlarged view |
1- Firstly up moves with intraday corrections.
2- Consolidation between 8140-8180 in last 3 hours
3- Whole day actual trading between 8086-8181
Conclusions from intra day chart analysis
Following last resistance range was updated in Technical Analysis and Market Outlook(29-10-2014) and Technical Analysis and Market Outlook(30-10-2014):-
8140-8180
Nifty traded with consolidation patterns within this range on 30-10-2014 therefore this range will be next support and until Nifty will not sustain below 8140 till then any decisive down moves will not be seen. As firstly up moves with intraday corrections and after that 3 hours consolidation therefore rally continuation will be seen in the coming sessions.