Dated :- 18.10. 2016                                 NIFTY SPOT : 8677.90

Hi readers,

Kudos again.

Here is the rebound.

And here is the special indicator at work.

Nifty rebounded sharply and everybody is surprised but it was predicted in advance in my previous blog dated Oct. 16, 2016 day before yesterday.

Rebound was on its way and the writing was on the wall.

It was clearly mentioned that Nifty is making such a pattern that below 8532 It should fall sharply within minutes without wasting any time run through. If it does not happen then my special indicator is placed in such a way that it will force Nifty to rebound. It was also mentioned that if Nifty does not fall quickly and sharply below 8532 then exit the short positions immediately because in that case Nifty will rebound.

Nifty did broke 8532 on Monday at around 12.00 noon and spent too much time below that and even closed below 8532 at 8520. It was clear cut indication that Nifty is not fulfilling the conditions of fall since Nifty did not fell sharply below 8532 and spent more than half day below 8532. It was taking too much time which my special indicator will not tolerate and Nifty was forced to rebound. Rebound was inevitable.

It is all God's Grace.

This is the power of technical analysis.

Readers were able to book full profits from there short positions when Nifty was at the lowest level  and were able to enjoy the rebound by making most of it.

Pin point analysis.

Now do not forget to book full profits quickly in this rebound and step aside and wait for this rebound to settle down and enjoy KARVA CHAUTH tommorrow.

Enjoy the profits.