-Just Refresh Your Memory and see NF was not able to breaks 5330-5320 level and taken U-turn.
-On 26th ,We had written above 5388 will zoom to kiss 5424-5436 level.
-On 27th ,Above 5436 will kiss 5472-5484 level.
-On Monday ,Above 5484 will kiss 5522-5536.
-Yesterday mentioned above 5484 will kiss 5522-5536.We want NF to kiss 5550-5560 level.
-Just see it kissed 5563 & closed at 5554 level.
-Just see from last 3 days taking support @ 3& 7 DEMA !!-Power of chart.
Now ,Just u have to watch :5568 level.
Crossover and close above this level will take to 5623-5641 level
Above is the Daily chart of Nifty Future -Just see Positive Divergence in RSI and that was one Reason we were writing we want to see 5550-5560 level indicated 4 days back,
-Now ,Today suppose not crosses 5563-Yesterday’s High
& Trades below 5548 for 5/10 minutes then ??
Watch slide upto 5504-5489 level.
-7DEMA @ 5465 level-
-Will Buy Fresh above 5568 level only-
-Should Trade ,Must Trade above this level for 5/10 minutes ,Target already mentioned.
-If not crossing Yesterday’s High of 5563 & Trades below 5548 with volumes watch slide ….upto 5504-5489.
These type of Rallies are good for Bears -But dont short on first or 2nd day…they may last for 5-8 days !
-Best opportunity to exit from Equity Market.
-Mark our Words :Break and close below 5300 level ,Will see Bloodbath of lifetime.
-Our Short Term Target :5100-5050 & then 4500 …U need Patience-
We expect this to happen in Next 6 months (By November’11)
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