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Wednesday, February 27, 2013

NIFTY FUTURE - - Below 5803-Bears will have Upperhand.5695 is Last & Final Hope - - FEB 27TH

-As Expected ,Yesterday we had Boldly written below 5803  will see PANIC selling !!
Below 5803 our Target : 5697-5662 level.
Yesterday not crossed 3 ,7DEMA and after breaking 5803 it was Bloodbath and it crashed upto  5755 & closed  5767
now what to do
Below 5803 level…………….Bears will have Upperhand !!
In PANIC it will slide to kiss 5697————5662 level.
Today ,Suppose not breaks (low of Yesterday ) 5755 & trades above 5769 for 20 minutes or more will take to 5810-5824 level !!
(Just see Power of Chart from peak of 6120 it had never closed above 7DEMA )
REDALERT
5695
-Bad Budget or Worst Budget ???We Don’t know……………But if Breaks 5695 with volumes and stays below this level then ???
+Two Consecutive close below this level then ?
Watch BLOODBATH upto 5440—————————-5355 level.
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