Best Share Market Movement Explained
In my premarket predictions on Indian share market, I had very precisely provided pivot level for Nifty and Sensex for 14-Ocet-2013. Although my analysis holds, well for intraday but it also provides smart watch for one or few more days in absence of my fresh report on Indian indices. As what I expected from Nifty market movement was well elaborated in my report that says 6091 being crucial swing trading level for Nifty index and holding above or below this level consistently will indicate positive or negative trend in Indian share bazaar today. Look where Nifty had traded on 14-Oct-2013, after flat opening Nifty index moved both ways indicating some consolidation taking place before yet another break out here. Made high 6124.10 and low of 6082.90 spot Nifty finally closed at 6112.70 with modest intraday gains while trading targets were bit higher at 6182.3 to 6197.5 on the other hand testing of lower supports at 6058.3 to 6007 was a more likely possibility when level of 6091 failed to hold on 14-Oct-2013. But that too did not get materialized and It proved quit session with range bound movement of Indian share market.
Moving on to 15-Oct-2013 I had no fresh updates posted live for Mumbai share market but look how Nifty had followed my trend predictions smartly. After good opening start by cash Nifty at 6147.55 and making high of 6156.30 CNXNifty went below my crucial indication level at 6091 and then registered low of the day at 6056.55 that was just more than one point lower to my first support level indicated at 6058.3 on 14-Oct-2013. I think this is best way one can follow trend and movement of Indian share market with lot ease and good precision. My live post shared on Google plus and on my website explained in best possible manner live movement of Nifty index. If you like this prediction then please leave your comments here and share it on your network.https://plus.google.com/111999896396769353482/posts/izadVug8Amz