[sharetrading] CALL on World markets

 

In my opinion, we missed a wonderful opportunity to take an entry into NIFTY Yday for LONG HOLD. Anyway as our markets have not given key reversal signals, it is still not too late to take an entry.

BUY NIFTY with FUT 4770 as SL……………………………. Buy as close as possible to this unless the call gets negated in the coming week………..

All cash buys also to be held with this as SL

Y day rapid move up from lows indicate, nobody wants to get caught on the down side………………………..

 

US crossed over to hold on 11^th, and cfmd on 14^th.

Brazil on 18^th

Aus on 15^th

France 17^th.

Germany 16th

UK 16^{th
None of these mkts have tested yet their resolve…………….}

 

None of the Asian mkts have crossed over due to holidays. But I hear cues that it will in coming week. A gap up on Hang seng will take it across……….

So be prepared to take entry without doubt and fear…..  and be prepared for a 1.5PC SL on Index and 3-5PC on stocks, if 4770 is broken. Pref pick on slow stoch rise or > 80 on 5 min chart. Look at beaten down stocks for stirrings, as they could give max return……… and the stocks in NEWS……. Of INDEX…

 

Abe

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