From Peak
of 6120 in 22 SESSIONS ,Yesterday kissed low of 5748.80 level and
taken U-turn to close at 5797.90 ,Kissed High of 5817 level.
-From 6120 to 5748 level………………What Happened to Fundamentals ???
-What happened to Fii’s Investment -more then $8 Billion in last 2 months ??
-If Your Economy is Ok ,If Your Inflation ,IIP ,Interest rate …at no worry point then …Why Market had fallen ?
Instead of talking (Bla Bla ) about Economy & Fundamemtals…just Concentrate on Technical levels ,Nothing else.
Last Close :5797
-Above 5819 level if sustains for 15-20 mintues ,Rally upto 5861———–5875 on card !
Above 5875 if trades…………..Then Watch Rally upto 5917 ,5931 level
(Yes should sustain for 15-20 minutes above 5875 )
Above 5931 if sustains ,Will take to 5975+ level in minutes only.
Support levels :
5803 level ,Decisive BREAK below this level and trades for 15-20
minutes then Watch PANIC PANIC PANIC upto 5697—–5662 level in hrs only.
Major Support or Last Hope @ 5695 level.
If By Chance Breaks and closes below this level with volumes for 2 sessions
(Today & Tomorrow ) then ???????
5440—————–5355 level in March Series we can see !!!
Again ,Writing :Read very Carefully and Don’t trade Blindly.Last Hope is 5695 level.
Intelligent Traders +Those who Trade with Targets will never trade on event day.
In Month u get 20 trading sessions ,Today suppose u don’t trade and Just Relax…..
(101% u will not lose anything )
One Last thing :Budget meant for 200 Top Companies ,100 Top Corporate …..
Nothing else.
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