What a rally...whew!....How was my call guys for short term bullishness? :)
Next tgt is 4620 area..(4540 still needs to be taken but I think it will)...If we sustain above this, 4750 comes after that....BUT one step at a time...Read my 'morph' post for more details on what to come next....More charts and analysis later...
I got almost best levels to cover shorts and go long...Hope my readers did the same with me...
If my past 2 posts helped you keep out of trouble and also made some money, pls comment here!...I appreciate appreciation...lol :) ...
Have a good trading holiday!
Best.
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7 comments:
Good work u were spot on
regards
Nihar
Lee.. the clue was in your "Bull-Bear Line' that the bulls were able to stay above that level and consolidated and moved up smartly.Keep going strong..
Thanks guys...
Ilango...thank you...I cannot say how much I appreciate your blog...simply because you focus mainly on EWT...very few blogs on our markets have that...and for EWT it always helps to see contrasting viewpoints...And I have been dabbling actively in EWT for just a few months to 1 yr...so all help is really appreciated :)
Best.
Great analysis. I often read your posts and have found them worthy. But my problem is that i do not come out of the exisitng position easily. I cut out my nifty short position at 4425. But still stuck up in shorts in unitech.
Once again thanx for the nice posts and keep it up..
Rgds
Pramod
Its G8 blog ... all your work and efforts which you are putting is rewarding you, and proof of it is the site meter. . .
Thanks for putting up nice Charts with all analysis
Regards,
Vipin
You are perfectly said sir. But I got a doubt. As we see International market/news developments(except crude rate) eg. probable failure of indian nuclear deal & weakness in global markets, will there be any gap down opening before nifty touches 4650. Pl comment in your next post.
... regards
balaji
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