SENSEX : SENSEX has been moving up smartly within a very short period after it found STRONG SUPPORT at our first TARGET /SUPPORT around 17300.
And by using various technical tools we have been consistently following SENSEX where ever it goes.
We suggested a correction during the last week the correction came and lasted for four working days we said clearly that small correction will surely give us an ENTRY POINT and as we found that the correction is WEAK we clearly started our aggressive buy calls since last two days.
SENSEX should reach 19461 as next target and now one can not think of any bearish ness till SENSEX remains above 18713.
NIFTY : besides identifying one brief correction we also identified a clear trend in many stocks that we recommended.
We have been clearly saying that deep correction may come only if NIFTY closes below 5605 and 5605 supported NIFTY twice in last four days that gave us a clue and we recommended buying NIFTY FUTURE with a very high targets of 5716 and 5780 and NIFTY touched 5751 in a day.
With strong intraday supports around 5680 NIFTY can touch our first target 5780 but soon we may see 5857 as our next immediate target.
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