Nifty
spot for 1/2 July 2013.....this bottom @ 5566.25 have started in the
same manner as on 22-11-2012........an bullish long legged doji with 2
bearish soldiers left and right but special thing is speed which was
missing since last 4 years.........reversal from 5878/5937 is always
possible but hourly oscillators indicate only day dreaming by those who
are bearish........few days back i
have used the words "market every technique to keep the flock away from
buying".......this is just beginning and watch events in next 72
hours......milestones achieved by nifty in last 2 days are not small but
exemplary.............................................................we
have made double bottom in the vicinity of 3% with top higher by 14%
and will have huge ramifications..........................233/89
sma crossed in single push and that is special because 233/89/34 are
still in order of preference........after remaining below 5/13 months
sma throughout the month.......closing is higher......!
Don"t want to repeat astrological points but beginning of this panchak on early hours on 27th June 2013 is very very special and i need not give proof to anyone.........!
Coming to basic point of market trend over next 72 hours.......PAUSE is possible on Monday in the range of 5800-5878.......small panic to 5770 is not denied but looks difficult........trend-lines
are biggest ever breakouts and every bull market start journey like
this alone.....whether we like it or hate it......Tuesday will be again
very special in my view due to association of mars with
ashwini.......another GAP looks very much feasible in next 2/3
days.........5937 is ultimate breakout for this rally to gain real
momentum which is missing since 5-6-2009.
Don"t want to repeat astrological points but beginning of this panchak on early hours on 27th June 2013 is very very special and i need not give proof to anyone.........!
Coming to basic point of market trend over next 72 hours.......PAUSE is possible on Monday in the range of 5800-5878.......small panic to 5770 is not denied but looks difficult........trend-lin
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