Yesterday my pullback expectations died out with Nifty breaking down . I was thrown out of the position when we hit 5605.
I have a strong feeling of a Massive Black Friday today.
NIFTY :
How many of you remember my 4700 levels ?
I had called it when we were near 5900 and some of my fellow friends had branded me as crazy.
So what do you feel now ? If you still doubt , you wont by I end this small post.
The beauty of Markets is knowing the direction is not enough. We are falling so fiercely that fingers shake out to short such oversold levels.
But alas , emotions kill. Let's be cruel and this time make no mistake in SELLING not only each rise but each fall.
Why we are in such hurry to fall ? If you remember my weekly charts , the channel is broken big-time till thursday and would probably end the same way after friday close. What is fueling the fall is weekly MACD lines making a free fall towards zero line and negative divergence is on top of cards.
And when it comes to daily charts , I use Sukhani words " Its a pity "
I had warned you at 5900 to sell your deliveries. Its obvious you should have not listened to me but had it alarmed you , you would have done your own studies with broad horizon. Its ain't so tough.
SS
I have a strong feeling of a Massive Black Friday today.
NIFTY :
How many of you remember my 4700 levels ?
I had called it when we were near 5900 and some of my fellow friends had branded me as crazy.
So what do you feel now ? If you still doubt , you wont by I end this small post.
The beauty of Markets is knowing the direction is not enough. We are falling so fiercely that fingers shake out to short such oversold levels.
But alas , emotions kill. Let's be cruel and this time make no mistake in SELLING not only each rise but each fall.
Why we are in such hurry to fall ? If you remember my weekly charts , the channel is broken big-time till thursday and would probably end the same way after friday close. What is fueling the fall is weekly MACD lines making a free fall towards zero line and negative divergence is on top of cards.
And when it comes to daily charts , I use Sukhani words " Its a pity "
I had warned you at 5900 to sell your deliveries. Its obvious you should have not listened to me but had it alarmed you , you would have done your own studies with broad horizon. Its ain't so tough.
SS
SS bhai
ReplyDeleteaap bol rahe the ki 5800 ayegi par 5600 aa gayiabhi to 4700 bol rahe ho.
bahut gadbad hai analysis me
sudharo thoda please
Haan gadbad he hai...you should stop visiting here.
ReplyDeleteBhai
ReplyDeletegussa mat hona sach bola to.
Mai yaha atahu kyoki mai aapka fan hu aur apne muze acchha khasa munafa kamake diya hai par aapka fomrula ab kam nahi kar raha hai thoda uddate karo. thank u
Jadugar nahi huun main , itne minute scale pe day by day main nifty ko been bajake nahi chalta bhai :D
ReplyDeleteI think I do good with my most of the views. Kuch days galat hote catching smaller moves , but on broad scale and direction I think I am bang on mostly. Abhi impossible hai bhai , Warrent Buffet ko bhi roz roz koi puche market kitna bounce marega fir kitna girecga , IMPOSSIBLE is the term he can tell anything. but if you ask him where markets are heading to which stock to buy sell he will be perfect byt definitely not in very small frames
There is no surety in markets only odds.
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