This rally my last till NIFTY 5050-5100 chance for breaking the channel is very low
market may move to a consolidation phase
Indian equity markets are falling for the last 13 months..................
How long will it continue? ............................
according to time wise analysis it should take 5/8/13/21/34 ......... months to turn around.
so it should turn around in this month else it may take another 8 more months to turn the market up
so it may be September/October 2012
pls comment
This rally my last till NIFTY 5050-5100 chance for breaking the channel is very low
market may move to a consolidation phase
I think it is time to book profits .............
If 5100 is decisively broken, and stay above, then it is sign of turn around
But chance for which is low
i think from here NIFTY may fall to 4300
i think market will not cross 5250 soon
so time to book profit
or buy NIFTY put options
Market is driven by liquidity . I think this rally take a turn around at 5700-5750
so better to book profits at these level
a fall if any may be very deep and steep
Ltro ............!!!!!!!!!!!!!!!!
Euro euro every where.......
What will happen .......?
|