FIRST OF ALL I AM REPRODUCING FUTURE OUTLOOK OF YESTERDAY WHICH IS RELEVANT TODAY:-
MY MARKETS OUTLOOKS ARE LIVE PROOF OF THIS FACT THAT I WAS BULLISH WITHIN 3 HOURS AFTER FORMATION OF BOTTON AT 3919 AND SINCE THEN I AM NON STOP BULLISH. NIFTY NOT ONLY CROSSED 4480 BY FORCE BUT ALSO SUSTAINED ABOVE IT. IN THIS MANNER ALL TRENDS ARE NOW UP AND INDIAN MARKETS ARE NOW VERY WELL PREPARED FOR STRONG RALLY WHICH WILL BE SEEN FROM TOMORROW. A MOVE BY FORCE GIVES VALIDITY TO THE STRENGTH OF THAT MOVE. I NOT ONLY SPEAK BUT TRADES ALSO AND FOLLOWING LINKS ARE LIVE PROOF OF THIS FACT THAT AFTER NIFTY CROSSING 4480 BY FORCE I SENT NIFTY BUYING 2 SMS FROM DIFFERENT WEBSITES TODAY:-
1- SMS SENT FROM 1ST WEBSITE:- http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248373650950&aid=1234097281$pid=1248373650950
2- SAME SMS SENT FROM 2ND WEBSITE :- http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248373650950&aid=1234097281$pid=1248373659034
I TOLD IT TODAY AND AGAIN REPEATING IT MOW:- "I AM EXPECTING THAT NOW IN THIS RALLY NIFTY WILL TEST 4693"
ASIAN MARKETS ARE POSITIVE TODAY MORNING AFTER US MARKETS STRONG RALLY YESTERDAY. AS ALL TRENDS ARE NOW UP THEREFORE IT IS EXPECTED THAT STRONG RALLY WILL BE SEEN IN THE COMING SESSIONS AND NOW NIFTY WILL CROSS 4693. INDIAN MARKETS HAVE ENTERED INTO RESISTANCE RANGE OF 4525-4693 THEREFORE MARKET WILL MOVE UP WITH CONSOLIDATIONS AND UPMOVES MAY BE SLOW ALSO.
SENTIMENT HEATED THEREFORE PROFIT BOOKING AND VOLTALITY MAY BE SEEN AFTER POSITIVE OPENING TODAY.
(LALIT KUMAR DHINGRA)
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