Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.
These are the 3 Probabilities for Nifty Future :101% Not for Day or Swing Traders.
-View for writing is for Short to Medium Term Trend only-
Three Consecutive close below 5488+ Weekly close will take to 5314 & there after expect Panic upto 5051 level.
Hurdles for NF at 5855.It will have to cross and close above this level only weekly basis then only will show strength.There after only real Strength will start.Target of 6800+ not ruled out.
Above levels will be valid for whole 2011
Once Breaks and closes below 5488 level
(Decisive close for 2-3 days ) then from 1:1 ratio
We see NF crashing upto 5288
From 1.618 ratio :Expect slide upto 5003 level.
We see Start of Complete correction from 4786 to 6349
Three Consecutive close below 5488+ Weekly close will take to
5367—5267 & there after ???4786
One thing is sure ,From recent top of 6349 or from 6210 …the fall u had seen is just trailor.
-Real Bear Phase or Panic will start below 5488 level (This forecast or Prediction is not for Day or Swing Traders )
-Below 5500 …Bears will kill this market or will upperhand.Bulls will face major Hurdle at 6300 level for whole Year.
Anything else u want to know ?
WINASATRADER@YAHOO.COM
