Tuesday, June 2, 2009

will markets reapect to the fibonacci nos. ?

So, the ongoing rally continues, spreading BULL-POWER from one sector to another and from one biggy to another... if icici bank corrects.. hdfc zooms.
As clearly mentioned yesterday, and i repeat today,that us markets are on the verge of a big upmove.. above 8600 approx and 9088.. a rally of 1000-1200 points is on the cards.i did some very unusual thing more than a month back...i predicted INVERTED H&S PATTERN on dow weekly charts,,at the time when there was no RIGHT SHOULDER visible at all.and if one see dow weekly charts today, the pattern has indeed formed.
For our markets, its implications will be good to take them up-tp 15600 around.as first tgts.

1 comment:

pravey said...

Wow sir you are amazing always opposite to market trend which people saying marvelous!!!!
I remember how after listening to ur call I longed in nifty around 2550 and earned nice profit Thanx sir keep it up god bless you