6th Consecutive higher close !
(Rarest we had seen in last many years )
Above 5758,No Hurdle and Our Target intact of
5952-6017 !
Yes ,On Daily Chart ….Highly Overbought -Intraday may correct.But nothing to worry.
Third close above Upperband of Bollinger (Very Risky for Traders )But Himmat ki keemat hai…..Trade with levels…..Nothing else !
Yes ,Today Just watch :5789 level !
It should trade above this level for 5-10 minutes with volumes…….Pls look at volume and see your 5 minutes chart too.
If crosses ….Expect more fire work upto 5856-5878
Two Minor Hurdles…………….5804-5820.
(Today or Tomorow or Day after tomorow first half this rally from 5175 will be over and will see sharp correction or fall )
Suppose not crosses High of Yesterday (5788)
& Trades below 5761
Then………….Bears will start Intraday PANIC upto 5698—5680-5653.
1)Not crossing Y.High and trades below 5761…101 % Problem for Bulls.
2)Above 5789 if trades with volumes….watch Two Minor hurdles :5804-5820.
3)If u had missed rally from 5400 to 5788 level……….90% or more were not able to take advantage………then pls dont jump to get 100 points.
4)If not Today ,then 99% tomorow and 110% day after tomorow rally will get over and sharp fall not ruled out.
Note:Watch your cricket match after mkt closes or make sure your position is zero by 14:30 hrs.
(There are many other ways to show your gestures that u love Country or u are patriot …
viewing cricket will not give u anything ….Just waste of precious time )
Take care !
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