Aug 9, 2011

What Next

A Storm Never Comes with a Signal..

That is what this bear Market did. A Typical Bull will Try to buy at Every dips in a Bear Market after a Prolonged Bull Market -- and this what is happening now the bulls are buying at every dips just to see a gap down every day and the Bear Sucks all Out.

If we closely watch the Daily closing the Gaps that have been made are not getting closed at the closing basis and this is a sign of some thing huge to come.Weakness there and thus short brutally at every resistance.

As such today we have closed below 5088 and thus the near by target is 4915 . Contrary above 5133 a powerful rally may emerge taking nifty to 5225 - 5310 and even 5410. Still too early to say that.

Prediction in market always tend to fail hence just ride the Price Wave and the trend till it lasts.


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