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Wednesday, August 3, 2011

NIFTY STRATEGY - AUG 3RD

-Three Consecutive close above 5641+Weekly close will take to 5794-5845 & there after nonstop rally upto 6000-6051. 
  -24th Week ……Watch Unexpected level.  
  -By November ’2011.   
Nifty Future can Rally upto 6950 or May Crash upto 4000 level.    
Forget about Economy ,IIP Data ,Inflation ,Corporate Results…all Fake and Fraud. 
Just see ,What chart is showing !Look at Monthly & Qtly Chart on log scale. 
-On Friday we had written 5436   & 5535 are Trend Deciders.
 Friday ,We had written below 5476 will crash to kiss 5451-5436 level in panic.
Just see it kissed low of  5433 & closed at 5466 level.
While Updating ,Now SGX NF at 5375 ….DOWN by 92 points !!

-Yes ,Only Power of Chart …Just see Triangle Break out
-Box chart indicates Target of 5328-5292….(Below 5436 can see these price levels )
-101% Below 5456 ….Will favour Bears only.
-Below 5436 …Watch Bloodbath and Panic selling !!
Thirsty Traders ,Watch 5398—-5385 level.
If Breaks 5385 level with volumes and trades below this level for 5/10 minutes watch slide upto 5346-5333 level.
-Will Update more once it takes reversal from lower levels.
-Again writing ,95% or more stocks are Looking weak only.Rally for 1-3 days if occurs….sell !
-Don’t Hold Real Estate ,Construction ,PSU -Midcap Bank stocks…..More slide More panic on card.
-Forget US Market ,Think about Europe ,Think about Brazil ,China….Yes when these mkt are in freefall mode then why to talk about Indian Economy ,Fundamentals of stocks…Bla Bla.
Here everything is fraud and manipulative only.