IMPORTANCE OF A BIG " IF "

ON , , 7TH JUNE, I WROTE, this,

IF ,5146 IS NOT CROSSED ,ON THE UPSIDE( MAX 5213)..AND IF 4960 AND MY CHANNEL GETS BROKEN..NIFTY IS ON THE VERGE OF A BIG BREAKDOWN.UPTO AROUND 4200.,


NOW, there was a clear level mentioned, which was 4960. and i also mentioned my channel.in the bear onslaught on tuesday / wednesday  NEITHER was not broken, nifty low was 4963 on tuesday,which was tasted again at 4985 on wednesday..


and on next day , smelling bullishness, i mentioned about , inverted hns pattern.


my system never misses, a big move on either side. it started generating buy calls, and it did the same today.
i will update my 4 days calls tonight.


this was written to my brokierage clients, today early morning....





Hi all....as suggested very very clearly, that though there are signs of bear market and a larger correction coming,,my decisive lvl for nifty was
4960 and on tuesday nifty made a low of 4963..even yesterday nifty low was around 4985.
the rising channel that have been being shown to you since last two months, have NOT yet beoken on weekly charts.
Now, as shown on different bse indices charts, there are head n shoulder patterns developing on their daily charts.
This is BULLISH PATTERN. BUT the pattern is considered as COMPLETE only after the NECKLINE gets crossed.

So we will keep our fingers crossed, and watch further development in coming days.