Nifty Intra day chart showing volatility and prediction accuracy..

we predicted Gap up opening with  positive bias...Bulls are  at winning streak as  global sentiments are supporting them.
but   you must remember that market follows some set rules...like fib ratios ,  Elliott waves , Dow theory and all technical  signals   including psychology of traders .

posted here http://dhanvarshagrp.blogspot.com/2010/07/dhanvarsha-crucial-nifty-futures-levels_08.html

and we saw the same in entire day .. opened  60 points  up ....