Monday, June 8, 2009

GRAVITY WORKS.....AT LAST !!!!!!!!


People like it or not....gravitational forces work even in the markets.
My first sentence for my Morning Article today was .."THIS IS NOT A VERY GOOD SIGN..",
I COULDNT mention 4450 level for nifty today, but i hope traders and smart readers remembers levels given here a few posts earlier,,for normal traders the issue remains,weather this levels are going to held this time or not.
I am helpless for them,coz. when on intraday charts,using intraday levels and indicators and volume etc.,,we can guide our clients, but theres no way i can ,do something for blog readers.
THERES in an expanding move in sensex 30 min. charts,,,myself not bing an elliot-wave expert
can not define each leg within the expansion, tobe enable to LABEL the waves.
but, for a few days(may be even tomorrow) the trendline will decide the move for a few days.
Anyways, missed-out traders-investors,missed out mutual funds and those who are trapped a few days back,,will enter at lower levels again,,so 4100 should (if comes) prove tobe the best chance to enter the bull-run.

LAST..have to mention Reliance capital again..despite the biggies like bhel,larsen ,icici maintained the higher levels for indices on friday,,what happened today was, infact started by relince capital on friday afternoon itself.
INTERESTED readers for our services can add...bhoom2tika...in yahoo messenger.

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