On Tuesday ,We had written :
*The level of 5690 will act as LAXMAN REKHA !
*Below 5643 ,Problem for Bull’s………(AAYA YAAD )
*We had written………..5631-5636 are Hurdles.It kissed 5631 !!
*Support was at 5586-5562 level.
(Break will take to 5535-5502-5481 )
-On Tuesday ,We had written :Sharp Correction of 1-3 DAYS………..Not ruled out.
-Indicated :Bollinger band indicating…..Don’t Hold long anything !!
-Boldly told to sell 5700 Call ,Buy 5500-5400 Puts
(Will see Today…What will happen )
Last Close :5612 (On Tuesday Again Low volume Day )
Now ,SGX Nifty @ 5560 )
-Already down by 52 points from Tuesday close (Mamta ka jaadu ,Gazab ki Desh Bhakti hai….Neta logo ki )
7DEMA @ 5517 level.
Suppose ………..Breaks 5535 level with volumes and Trades below this level for 15-20 minutes or More then Watch Bloodbath upto 5454-5427 level in hrs only.
In PANIC ………….Around 5535–5517 ….Should We Buy Fresh ?
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