Dated :- 07. 10. 2014

                                                                NIFTY SPOT : 7855.45

Hi,

Readers,

This festival season has again brought sweets, flowers and blessings of GOD in the form of fall in Nifty. Which was accurately predicted well in advance on this blog.

It was clearly mentioned in my yesterday’s blog that Nifty should come down in next two days and if it does not come down then book complete profits. Nifty rewarded the analysis again.

Nifty fell further more than 100 points today and closed at 7855 after making a low of 7842.

 Now What :- 

Book more profits here. And for balance of short position further trail down the stop loss to 7945 closing basis.

See, when Nifty broke 7930 comprehensively today it never looked back and gradually kept on falling. This was the importance of 7930. I had been mentioning the importance of this 7930 level in my previous blogs.

Readers of this blog had the opportunity to short sell Nifty when it was highest. It is all God’s grace.

Enjoy the profits and trail the balance short position accordingly.

Next immediate support is at 7800.