Even markets play tribute to the Master Blaster on his last appearence...... Hits a Century on its Judgement Day....

Hi All,

The judgement day .... Monday need to cross surpass todays's high....

Cheers
Hrishi

Initial signs of recovery......

Hi All,

As informed earlier, Nifty bounced back sharply from the mentioned level of 5970.....

Todays day is a Judgement day.....

If it doesnt break yesterday's close it may be a new pivot / swing low on the daily charts....

Regards

Hrishi

Buy the rumour sell thefact...????

Hi All,

As expected markets are near the judgmental level of 6k and a consistent close below the same ca open further downside in Nifty....

5970 is a level to watch out for.....

However, if it is believed that markets discounts everything in advance, are they discounting Election results which are to be announced in the first week of December or is it a downfall on account of withdrawal requests due to upcoming holiday season in the US and economic deficiencies in India....

I think the time is the best medicine... Let's wait and watch....

As discussed, no longs should be initiated for delivery trades unless there is either a positive close or a trigger on Daily charts ....

cheers

Hrishi

The Judgement day.....

Hi All,

Nifty on daily charts trading near the Supertrned support...

If bulls have to fight back... Nifty needs to close above 6110 (Sensex level 20565) today and tomorrow it has to cross todays high....

Cheers

Hrishi