Wednesday, 25 September 2013

Dated :- 25.09.2013 (WEDNESDAY)

                                                                               NIFTY    5873.85
Hi,
Readers,

 Nifty moved as I had mentioned in my last blog dated September 22, 2013 when it was at 6012. It almost touched twice the level of 5800 mentioned in the blog and made a double bottom at 5811 in intraday charts and rebounded from there, and make a high of 5884 within no time to close at 5873.85.

 I hope readers would have enjoyed the profits even when the market conditions are very volatile.

Here are the quotes of my last blog :-
Nifty on Friday has made bearish engulfing candlestick pattern. This week is an expiry week also, thus expect volatile movements in Nifty. The Nifty chart is showing that it is willing to come to 5750-5800 levels over the period of time. Even if Nifty gives small upside movement its destination is 5750-5800. After coming to 5750-5800 Nifty will decide, whether it wants to spend some time their or take a move (At that time the position shall be reviewed that what the charts are indicating).”

Keep reading the Blog for moves of Nifty as and when it happens & enjoy the profits.





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