Sunday, 13 July 2014

Dated :- 13. 07. 2014


                                                                     NIFTY SPOT : 7459.6

Hi,
Readers,

Kudos,

Top for Nifty was accurately predicted in my blog dated July 05, 2014. When the Nifty was almost at highest point.

It is all God’s Grace.

It was clearly mentioned in my blog dated July 05, 2014 that sell all the long positions and park money in bank. This Nifty is about to fall and the fall will be very pain full for bulls. See the results, fall in Nifty is relentless and very sharp more than 350 points in 4 days only.

Readers of this blog would have enjoyed the profits that too in large amount in very short period of time.

Script of fall in Nifty was written on the charts, Otherwise calling top for market moving in such a bullish mood and almost making new highs daily is not that easy. Nifty performed as per the script written on the charts. It is the grace of God.

Now what :-

As I had been maintaining that this Nifty is sell on rise. Still the view is same. Expected and logical target for Nifty are 7280 – 7230. Since the fall is furious (as expected) Nifty may try to manage some rebound but that rebound will again be an opportunity to sell.

Trade accordingly and enjoy the profits.



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