NIFTY Spot : 6201.85
Hi,
Readers,
As was predicted by me in
my blog dated Dec. 01, 2013 about DOW that it has made bearish pattern. DOW as has
done the same and came down yesterday and started correcting.
Now taking cue from DOW
other Foreign Market may also correct.
Nifty today has
stalled at 6200 level to close at 6201.85 and gave a sign of fatigue.
It is recommended to
close all long positions here and book profits.
Wait for the next
course of action as the coming days are news heavy.
Till 6250 is not taken
out on closing basis on upside Nifty will give correction.
Note Readers :-
I will be out town on a
Religious Trip. And will update next blog on December 11, 2013.
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