Nifty Has Moved Very Sharply In Both Directions In Last Few Days
Such Move Can Make it Very Difficult To Decide Where The Markets Finally Wants To GO
But There Are Some Clues Always
It Was And It is Still Not Clear If Nifty Has A Confirmed LOWER TOP Or Is It A HIGHER BOTTOM At Tuesdays Low
A Few Points Which Are Clear In Mind About Different Time Frames Trends
LONG TERM : Extremely Bullish And Expecting 50000+ Sensex In A Few Years
MEDIUM TERM : Nifty Will Retrace Back Towards Its 200 DEMA In Next 1-2 Months
SHORT TERM: We Have A Two Different Levels To Clearly Decide Short Term Trends
If NIFTY Manages To Consume The Big Bear Candle Of 6th Jan And Closes Above 8433 (NF Fut) We Will Have One More Powerful Upside
If Nifty Closes The 8th Jan Opening GAP At 8193-8157 And CLOSES A Day Below It We Will Have A Big Down Move Soon
" Follow The Markets As Markets Will Never Ever Follow You "
Such Move Can Make it Very Difficult To Decide Where The Markets Finally Wants To GO
But There Are Some Clues Always
It Was And It is Still Not Clear If Nifty Has A Confirmed LOWER TOP Or Is It A HIGHER BOTTOM At Tuesdays Low
A Few Points Which Are Clear In Mind About Different Time Frames Trends
LONG TERM : Extremely Bullish And Expecting 50000+ Sensex In A Few Years
MEDIUM TERM : Nifty Will Retrace Back Towards Its 200 DEMA In Next 1-2 Months
SHORT TERM: We Have A Two Different Levels To Clearly Decide Short Term Trends
If NIFTY Manages To Consume The Big Bear Candle Of 6th Jan And Closes Above 8433 (NF Fut) We Will Have One More Powerful Upside
If Nifty Closes The 8th Jan Opening GAP At 8193-8157 And CLOSES A Day Below It We Will Have A Big Down Move Soon
" Follow The Markets As Markets Will Never Ever Follow You "
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