Hibernation Over Early

All that matters is the "Right Stroke at the Right time"

• A good Selling at the Channel top though +/- 20-30 points is the area we have to take risk.
• The Immediate Target of this Down Move is 5020 - 4970 - 4940
• Prudent to remain short at present.

"Dare to be Bare" as Bears never come Singing Love Songs -- They come is Hibernation and they Go also in Hibernation -- The Jigsaw Puzzle of the Bears is the most difficult to Truncate.

Have a Great Weekend !!! :)

Exhaustion

Sorry for not Updating Yesterday

The last two days move are really exhaustion Move and Still its a Bears Territory as Such.I have been accumulating shorts since 5066 level and the SL would be 5197 NS on closing basis.


Still it s prudent to say that we are not out of the woods.

Currency Intervetions

A Rally Induced by Currency intervention to keep the Exchange Rate of Swiss Franc Stable.

Nothing Much Has changed as such .... Looks Like Market Rallied for the Weak Shorts to Exit.


I will Keep My Bearish Stance Till we Don't Close above 5197 NS.


Chalte Chalte ---- Still we haven't Closed above 5066.


Start Accumulating Shorts Again.