-Three Consecutive close below 5062+ Weekly close watch Bloodbath of life !!
-Below 5175 level……..We had entered in BEAR MARKET !
-1:1 Target :4826 level.
1.618 indicates :4100 level.
-Just see 2 TRIANGLES (Broken downside )
1)Height is 1174 points :Target comes to 4000 level.
2)Height is 825 points :Target comes to 4350 level.
-Trendline connecting 2228 & 2525…….support comes around 4500 level.
These all levels will come ,Just u need patience only.We are not Bearish from last 1 day or from last one week.We are shouting sell sell sel at 5700-5800 told to exit from market.
Yesterday ,We had written that 5138 is Crucial Support & Major Hurdle at 5176-5188 will act as LAXMAN REKHA !
Kissed 5122 & taken U-turn ,but as expected not able to cross 5188 level.
-Yesterday we had written to sell 4900-4800 puts & Buy 5300-5400 call and we are intact and having same postion !
It will have to cross this level with volumes then only real Strength !!
Crossover +Close above 5188 level will take to 5331-5378 level.
Thirsty Traders ,Watch 5188 level.
If crosses too with volumes then also Intraday will face Hurdle at 5203 level.
7DEMA :5215 LEVEL.
There after smooth rally !!
-A Gap @ 5325 level-
It will be a Dull Market ,No charm @ all.Many HURDLES for Bull’s to be crossed.
Just Remember 5188-5215 level.
-At Lower levels ,No PANIC for timebeing-
Support at 5120——–5087—-5070 level.
-Will Update more to our Subscribers during Trading hrs-
No comments:
Post a Comment