I expect a big bounce to a level which very few people might agree with me at such times, but the patterns and divergences i am seeing on nifty show that worst is nearly over and we should see some good times ahead(for those who are stuck at higher levels) and some recovery, cannot be over ruled at these times.
Nifty is showing very strong positive divergences which can lead to an intermediate uptrend till 5120-5140 levels which is a strong resistance range for it currently, we nearly managed to touch the previous low of 4420 on nifty future, nifty touched a low of 4476 on 17th March, and now if this low is maintained then a bounce back in green is not far away.
I would be the first person to buy these stocks tomorrow when market will open and buy around 10:20am, reliance,sail,tatasteel(my tgt is 730-740), reliance energy,acc.
Best of Luck!
Subscribe to:
Post Comments (Atom)
Blog Archive
-
►
2007
(23)
-
►
September
(9)
- DLF looking good for another upside!
- Expect market to touch 5000 by Friday!
- Expect Nifty to touch 4750-4820 levels today!
- Fed News will give the direction!
- Nifty showing weakness at 4520-4530 range!
- Expect market to be rangebound,or a little upside!...
- 900bn USD credit card debt on US!
- Nikkei has broken an important support! Dow in neg...
- Nifty looking weak at highs,expect some surprises!...
-
►
August
(11)
- 4400 is a resistance for Nifty; Reliance is strong...
- I expect Nifty to touch 4500 today itself! Read mo...
- Expect a heavy correction today in Nifty!
- Market is poised for a good upside,Nifty can touch...
- Technical analysis and trading for Indian stock ma...
- Expect Nifty support at 4000.
- How to trade in Forex from India?
- Expect a rebound in Indian markets on monday!
- Nifty below 4100, expect more weakness!
- How did the correction started? What is subprime l...
- Expect further correction in Indian markets
-
►
September
(9)
1 comments:
Dear members,
Indian stock market is on its highs again and nifty tips from sharetipsexpert has minted huge returns for the clients. But this is time to get alert again. Nifty is not going to sustain such highs if the global economy does not sustain. Commodity tips and prices are rising again showing demand.
I hope all goes well with the stock market and our members will earn huge.
Regards
Free Intraday Stock Market Tips || Nifty Tips Free Trial || Tips for commodity
Post a Comment