All world markets are bleeding. Yesterday I said 4000, it was achieved in a single day. Lower targets are 3800/3600. I repeat short on every rise. Do not go long in this market yet.
Tuesday, September 16, 2008
Monday, September 15, 2008
NIFTY view....sep 15, 2008
We have broken the uptrendline which took us up rom 3700 levels. RSI has also broken trendline on daily charts. Stochastics indicator pointing downwards. What does this mean? Well, NIFTY is weak and market seems to be headed down. Maybe 4000 or below. Its a short on every rise market now.
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