Saturday, 9 July 2011
Chart is the king!!!
CHART IS THE KING. Forget Blue channels, pink papers. They are always on the long side of the crashing market. I wonder does any so called analysts on the blue channels ever advice to sell the market at top? But remember the level 5765 of Nifty futures? Already mentioned on 8th July in my Nifty call. 5765 would be the trend decider. It never crossed that level. It touched 5760 and stooped to the low of 5661 and closed at 5672. Repeatedly I mentioned this is a trap at higher levels. So which side you are? Bullish or Bearish. Our subscribers went short in the morning trade and already bagged more than 80 points in a single session. This is just a trailor.....................
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