Here i am trying to time the market, using some innovative technical tools,acepting by heart that market is supreme,i always have to follow it
Sunday, March 1, 2009
a big move started
my opinion about nifty..my understanding of combinaation of some indicators suggests that nifty is on the verge of a very big break down..only a close above 2800-2850 can save it,if in next 2-3 days nifty cant cross those levels on closing basis,we will see a fall of more than 100-150 points in a day,,,may be a bad event coming our ways ??..god save bulls !!!!!!!..a close below 2670 in future nifty..and bang !!! this time it will not get support at 2630...so next support is only at 2512
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on monday itself, 2nd March, nifty fell nearly a 100 points. And it struggled to close above 2670. Now let us just hope this isnt the precursor to the downfall u r talking about.
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