Will the Nifty breakdown on the judgement day ?
traditionally 6th May to 15 May is the breakdown period and from 22nd May onwards is th recovery pd
will the Nifty touch 4950 or 4750 or near abouts..?? possibly.. the stretch may go to 4750..4700 to squeeze out the last bit of juice left out of the shorts..and also give a earnign opportnity to the TA on CNBC of doomsday prophecy..
will Nifty go below 5120 today.. possibly yes on the opening..
whenever there maybe a recovery (i think from 5050 or 4950) ......... expect a 700 point rally on the nifty upto 5750-5800.. within next 2 months
the idea is to identify the turning point early and get in ....
The turning point will require
1. unrealated news
2. contagiousness to start small buying and that
3. Change will take place in one dramatic moment
HSR
traditionally 6th May to 15 May is the breakdown period and from 22nd May onwards is th recovery pd
will the Nifty touch 4950 or 4750 or near abouts..?? possibly.. the stretch may go to 4750..4700 to squeeze out the last bit of juice left out of the shorts..and also give a earnign opportnity to the TA on CNBC of doomsday prophecy..
will Nifty go below 5120 today.. possibly yes on the opening..
whenever there maybe a recovery (i think from 5050 or 4950) ......... expect a 700 point rally on the nifty upto 5750-5800.. within next 2 months
the idea is to identify the turning point early and get in ....
The turning point will require
1. unrealated news
2. contagiousness to start small buying and that
3. Change will take place in one dramatic moment
HSR
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
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