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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