Indian Stock Markets Highly Accurate Predictions,Projections & Intra day Support

This fact can be verified that my daily outlooks are always published daily from:-

1- Firstly Pre-open Outlook
2- then Post-open,Mid-session and Pre-closing Outlooks and
3- In the last Post-closing Report & Tomorrow Outlook

Provide Indian Indian Stock Markets guidance with maximum accuracy.

This fact can be verified that hardly any site or News Channel is providing such Highly Accurate Predictions,Projections & Support in India.

Not today but it is last 4 years record in leading Forums.

Mid-session Outlook-2(31-03-2011)

As sentiment was over heated today and whole market turned buyer therefore intraday correction was imminent and seen. Following lines were told in Pre-open Outlook today:-

"Nifty will first trade between 5770-5800 and will prepare for next moves. Consolidation,rally  and positive closing expected today. Fast moves above 5815"

Only time changed,firstly fast moves seen above 5815 and trading between 5770-5800 seen in the last.

Support  within mentioned range and then up moves expected.

Mid-session Outlook(31-03-2011)

Sentiment heated therefore Indian markets slipped from higher levels today in intraday correction. Expected that Nifty will get intra day support at 5800 today.

Nifty Waves Chart showed This Week Rally 4 days before

My outlooks are live proof of this fact that I told more than 5 times for 5900 in this week. I was 100% confirm for this level therefore I not told but also shown Bullish rally through upward arrows in chart on 28-03-3011. For live proof just click following link:-

http://enjoydailyprofits.blogspot.com/2011/03/rally-after-very-short-term-correction.html

Nifty Waves Structure Chart- This chart was posted in above link and in this chart expected upmoves toward 5900 were shown through upward arrows:-

Just click on chart for its enlarged view

Today high is 5872 and has almost tested my given target 4 days before.

Post-open Outlook(31-03-2011)

It has been told many times that market consolidates at higher levels in Bull rallies and same happening today. When Nifty was below 5400 from that levels also I  told many times in this week for minimum 5900 and it will be seen in next week or before.

Cosolidation is on after good opening today and Green closing will also be seen.

Pre-Open Market Outlook(31-03-2011)

Technical Positions and today Outlook and next possibilities have already been discussed in following topic yesterday in my Blog therefore not being repeated today:-

"Post-closing Report(30-03-2011) & Tomorrow Outlook"

March derivative series expiry at the top of month today and it means top formation after complete buying at lower levels. Closing expected near the top of month and any down move will not be possibble.

Nifty will first trade between 5770-5800 and will prepare for next moves. Consolidation,rally  and positive closing expected today. Fast moves above 5815. As some selling formations yesterday therefore sustaining above 5800 will be watched for immediate next upmove confirmations otherwise rally seems confirm above 5800.

Post-closing Report(30-03-2011) & Tomorrow Outlook

Indian victory in Historical Cricket Match

Nifty traded whole day today between 5770-5800. Following lines were told in Mid-session Outlook for today trading and being repeated:-

1- Sentiment heated after 438 points rise in last 8 sessions
2- Very short term indicators are over bought
3- some pivotal intraday chart are showing selling patterns
4- Indian markets are underperforming Asian markets

Nifty Intra Day Chart of Today

 Nifty F&O data of today as follows:-

Put Call Ratio- 1.08

Open Interest Changed Today

Nifty- 5700 CE(31MAR2011)- -1169700(-20.79%)
Nifty- 5700 PE(31MAR2011)- +420650(+5.93%)

Nifty- 5800 CE(31MAR2011)- +581050(+8.43%)
Nifty- 5800 PE(31MAR2011)- +2483500(+64.02%)

Today Closing

Sensex- closed at 19290.18(+169.38 Points & +0.89% )
Nifty- closed at 5787.65(+51.30 Points & +0.89%%)
CNX MIDCAP - closed at 8031.80(+129.80 Points & +1.64%)
BSE SMALL CAP- closed at 8158.67 (+175.83 Points & +2.20%)

Tomorrow(31-03-2011) Outlook

All trends are up,Rally is on and Nifty is trading within resistance range(5700-5900) and consolidation is required before any upmove. It is the character of Bullish rally that:-

1- Markets ususlly consolidate at higher levels.
2- Market does not dip too much.
3- Very short term indicators remains longer period in overbought zone.

Nifty will first hover around today range(5770-5800) and will prepare for next moves. Consolidation,rally  and positive closing expected expected tomorrow.