A Tequila in this Summer time with Lemon !!!!
As expected we have reversed now confirmation needed on Monday .
After a long time Hope make its way to the pavilion what we call the trading room. A bullish engulfing pattern ( courtesy : www.icharts.in ) has been made today . I don't remember when we had this pattern last.The best i remember is that last September 2010 (Chart at 5400 for reference) when nifty was at 5400 we had this pattern. Does the bell ring. We are approaching a new high of 6600-7200 in the near term. Dont know the time but definitely we are approaching it before June 2011.
As of now you may say that i have gone mad but the fact is that we are done with the lows today for 2011 and definitely we are going to scale a new high this time. There are some obstacles at 5560 and 5801 but definitely we are going to overcome it. Too early to say this but I thought i should share with you at this juncture so that we don't get trapped by the market.
For Monday the immediate resistance is at 5370 above which we would see 5444 NF.The obvious strategy at present is to buy the market with a SL of 5175 and have sweet dreams till June.
As expected we have reversed now confirmation needed on Monday .
After a long time Hope make its way to the pavilion what we call the trading room. A bullish engulfing pattern ( courtesy : www.icharts.in ) has been made today . I don't remember when we had this pattern last.The best i remember is that last September 2010 (Chart at 5400 for reference) when nifty was at 5400 we had this pattern. Does the bell ring. We are approaching a new high of 6600-7200 in the near term. Dont know the time but definitely we are approaching it before June 2011.
As of now you may say that i have gone mad but the fact is that we are done with the lows today for 2011 and definitely we are going to scale a new high this time. There are some obstacles at 5560 and 5801 but definitely we are going to overcome it. Too early to say this but I thought i should share with you at this juncture so that we don't get trapped by the market.
For Monday the immediate resistance is at 5370 above which we would see 5444 NF.The obvious strategy at present is to buy the market with a SL of 5175 and have sweet dreams till June.
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| www.icharts.in |
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| www.icharts.in |
At Last
Manzil Ho Na Ho ---- Mukaddar Apna Chalta Hai
Raah Baki Manzil Baki
Aur Safar Zinda Hai !!!!
Good Night ... Just Nifty Family
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