Full week was narrated in previous week .Devendra Chaturvedi April 5 at 2:55pm NIFTY............in the midst of global uncertainty and fear among all markets.........my view is ............one more rally early next week to make new high before we move into correction.............now when markets are in such critical mode..........your positions need to be in control..........whatever is outcome..........it is better to watch and read from outside and enter fresh trade only when risk reward move in our favor...... anyway...........6675.45 is very strong support and than comes 6662......magic number remains 6681 on 30 minutes sustaining norms......6741.90 is critical resistance crossing which panic buying may be seen......... 7/9/10 are slight positive days astrologically as DASHMI tithi is vruddhi on 10th in bright fortnight........11th is FRIDAY THE EKADASHI........starting on bullish beliefs...........big reversal may happen.........it may happen to be BLACK FRIDAY.... ESSENCE..........moving from buying the dips to SELLING THE RALLY MODE.....till end of this expiry.........though intermittent bullish days not denied.........longs should be traded more on intra with strict stop loss.
Posted on: Fri, 11 Apr 2014 06:37:29 +0000
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