Dated :- 26.06. 2016                                 NIFTY SPOT : 8088.60

Kudos again,

Like always before this time also the reversal point of Nifty was predicted accurately in advance pin pointed.

Nifty moved exactly as was mentioned in my previous blog dated June 19, 2016.

Wherein it was mentioned that My special indicators are indicating that intermittent top is not far away. And Now onwards I would be a seller on rise.

I will be looking for selling opportunities on rise both for intraday and positional basis.

Same happened Nifty gave selling opportunity by giving rise upto 8285. And fell like a falling rock and made a low of 7927 and closed at 8088.

Nifty fell more than 350 points from the high and readers would have enjoyed the profits.

It is not easy to write such a bold statement that intermittent top is coming and Nifty will fall. It requires deep analysis and confidence on the analysis.

This is the power of Technical analysis.

It is all GOD's grace.

Now What :-

Now also my view is same. I consider that Nifty should be considered as sell on rise till it does not give two days close above 8313.

I hope readers would have booked part profits when Nifty was down like anything more than 350 points in single day. This is what prudence says.

Keep holding the balance short position with the trailing stop loss of 8313 closing basis.

And

Keep selling on rise with the same stop loss.

Enjoy the profits.