Tuesday, 9 December 2014

Dated :- 09. 12. 2014

                                                                 NIFTY SPOT : 8340.70

Hi,
Readers,

KUDOs.

Nifty fell exactly as was predicted by me in my previous blog.

Like many times before this time also the exact time and level of start of correction was predicted and updated on the blog well in advance.

Nifty fell like pack of cards and is now standing at 8340 around 300 points below from the top of 8627. Within this it shed 200 points in just 2 trading days.

Keep booking profits.

Lower targets can be 8290-8180.

But one should also remember when the profit comes so quickly one should grasp it with both hands. Greed is the biggest enemy in this market.

In these kind of falls even small trading rebounds tends to be very sharp.

Now for the time being Nifty has become sell on rise index.

Keep booking the profits and enjoy the profit. 








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