HELLO FRNDS,
I am little worried about market.market had completed the 1st wave at near 4700. i dnt expect to cross that levels in a next month too.there is a massive gap in sensex in weekly eod chart and even in monthly charts too.sensex will fill that gap (11500) in next couple of months. As market is too far from 200 dma level too, it should touch that level.i request to all frnds to not to watch any intraday or real time charts. just watch eod charts and in weekly mode.
In a wave pattern, nifty should touch atleast 3870 to 3820 zone, may even fall further too.we have just completed 1 st wave, no chance of any recent time major run.just stay away from market and wait for better levels for re entry.In a longer run , nifty may touch 5400 in this year and even higher too.so, in longer term better days are ahead, but, in shorter term ...............
- with thanx
abir das
I am little worried about market.market had completed the 1st wave at near 4700. i dnt expect to cross that levels in a next month too.there is a massive gap in sensex in weekly eod chart and even in monthly charts too.sensex will fill that gap (11500) in next couple of months. As market is too far from 200 dma level too, it should touch that level.i request to all frnds to not to watch any intraday or real time charts. just watch eod charts and in weekly mode.
In a wave pattern, nifty should touch atleast 3870 to 3820 zone, may even fall further too.we have just completed 1 st wave, no chance of any recent time major run.just stay away from market and wait for better levels for re entry.In a longer run , nifty may touch 5400 in this year and even higher too.so, in longer term better days are ahead, but, in shorter term ...............
- with thanx
abir das