Revised Out look ( Apology for errors in earlier post )

Friends i think i made error in my previous post , so went in to deep understand of price behaviors and took up noiseless charts and i found out my error

i have made an Explanation of next move and also made an efforts to explain weather you should be looking to trade or you can take rest form trading for a while until

this market completes its corrective behaviors

Once again i am sorry for errors that cause the mis-information in my post

Good luck

Comment:

All the patterns you see one or another they are either the arguments between sustaining the price trend or booking the profits , when more then 2 institutions start the arguments you will find the complex patterns , the Major loss booking is done by day traders during this kind of pattern formation , positional will have certain boundaries they will exit or they will continue to hold until some directional decision is made beyond this bracketed market i have seen them in the past and will be seeing them in the futures , but few trader who lose the money will go out form the market , that is the only reality

Comment:

This has made an Anchor Top , it has to close above 11700 to consider for 12000 the range is still very narrow , but cant help if you need trade then this is the fact with in the complex pattern or wait for this week end and you can start fresh position from next week