Dated :- 31.05. 2017                                 NIFTY SPOT : 9621.25

                                                                                                         

Hi readers,

Nifty moved exactly as was mentioned in my previous blog dated May 28, 2017. Buy on dips helped making money.

I want to write my overall analysis on Nifty as on today.

My analysis says that time has come to book all profits from all long positions where ever it may be and bring money home.

I am making a very big statement.

When almost all the analysts and investors and traders are bullish on market and looking for very high targets and are ultra Bullish.

I do not want to be a party Spoiler.

My analysis is saying that Market is in the TOP making mode and hence the Top is not far away.

As per my analysis this is not the time to play long or to look for long trades for positional view. Rather this is the time to book all profit from all long positions and bring money home.

"When you identify that water has started coming in the boat then do not wait for that boat to sink First and then look to exit and be the last to exit from the boat". Rather  wiseness  is, that, be the first to be out of the boat so that you move out swiftly and safely.

Same applies to the Market also.

The day is not far away when Nifty/Market will make its top and start coming down which will be very pain full.

When most of the traders and analysts will feel that Nifty is coming down big damage would have already happened.

This time also people will not believe it and will ignore my analysis but will accept it later as usual.

I am writing what my analysis is.

Writing such a big thing in public domain is not easy, it requires guts, boldness and confidence. Analysts normally avoid to write such things or try to say it politically or say it with dual meaning.

As always I am writing it crystal clear.

Although Smart people or Smart money may manage Nifty to go further up by few percentage points. But as the saying is "No body can always predict pin point ". Few 100 points in Nifty which is a small % from here should be left away. As that upward movement may or may not be there.

For Example :- When a person of Critical illness is on Dialysis and Doctors have said that Science can not do anything and patient will ultimately die, Please take the patient home and take utmost care of him.

No Doctor can say how much more time that person can survive Or how many more breaths he will have.

When even Science can no do this than in Stock Markets it is only anlaysis.

Rest the time will tell.

May GOD bless all of us.

Trade Accordingly.

 Note - ALL THE LEVELS ARE OF NIFTY SPOT ALWAYS.