A Few Notes From My Dec 14 Articles
An Hourly Close Above 8300 Today Or By Friday Will Surely Revive Hopes For The Bulls "
Since Then We Are Neither Seeing A Break Down Nor Any Significant Up Move So I Expect Some Move Soon
A Move Beyond 8356 Can Easily Take NF To 8391 & 8414 Provided It Does Not Move Below 8316-8295 Zone"
4th Dec : " We Are In A Big Bull Market For Long Term So A Dip Around 8000-8200 Should Be Considered As Buying Opportunity to Breach The BROADENING PATTERN On The Upside May be Later in 2015 "
18th Dec : " Nifty Spot Will Face Resistance at 8212 First and a Higher Bottom On Intraday Charts Will Confirm a Bottom In Place Early Next Week
A Close Above 8369 Will Most Probably Take Us Back Above New Highs But Watch This Space For Further Updation "
A Close Above 8369 Will Most Probably Take Us Back Above New Highs But Watch This Space For Further Updation "
24th Dec : "For The A NIFTY Future Trade Below 8247-8228 Will Take NIFTY Towards 8190 Levels Easily and If NIFTY Fails To Have A Strong Bounce From There We May have Seen a LOWER TOP At 8370 Level
An Hourly Close Above 8300 Today Or By Friday Will Surely Revive Hopes For The Bulls "
Since My 1st Dec Post Suggesting a Crash Followed By My Expectation of A Strong Bounce Back Worked Nicely Through The Month Of Dec
And In Jan I Wrote This On Friday
"NF Took Support At 8282 Suggested In My Last Post A Couple Of Days Back
Since Then We Are Neither Seeing A Break Down Nor Any Significant Up Move So I Expect Some Move Soon
A Move Beyond 8356 Can Easily Take NF To 8391 & 8414 Provided It Does Not Move Below 8316-8295 Zone"
Nifty Did Touch My Targets In The First Hour Itself And Posted A Strong Close Above The 61.8% Retracement For The January Nifty Future Chart
All in All It is A Strong Bounce Back For The Week Starting 2015
I Will Update Further Early Next Week
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