Last Close :5559
Do U Know ?Yesterday’s volume was lowest of last 33 days !!
-Yes Support for Traders !!
Today
,Suppose not breaks low of 5550 & Trades above 5564 level with
volumes and stays above for 15-20 minutes will take to
5606–5620 level.
3DEMA @ 5585 ,7DEMA @ 5631 will act major Hurdle.
Any Rally for 1-3-5 DAYS ,Sell on Rise ….No if and But.
Three Possibilities :
1)Below 5695 level ,Our Target intact :5440——————–5355 level very soon !!
2)Already Broken Head & Shoulder Neckline @ 5690-5700 level.
-Height of Head : 400 points
-5700 -400 :5300 level.
3)Qtly
Chart indicates ,Below 5800 level it will favour Bears only.Target
:5480-5425 & there after Nonstop slide upto 5284-5231 is possible.
Qtly Chart levels valid till June ’2013
Now ,Just u have to remember these three points only.Nothing else.
Forget 200 DMA ,Forget Economy ,Forget Fundamentals ,Forget policies -Just watch FIIs activities +USD Movement !!
-Again Result season to start ,Again Insider Trading +Result leak …..
Golmaal to start soon.
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