Sunday, March 29, 2009

longerterm nifty from 29th march and advice to positional short

now nifty become so bullish in last week,,and every boady is giving upper tgt like 3200--3600 ( spot value).....but as per ewi study (read the graf carefully) we are in last upleg --e-- ,,and nifty fall down from 3140-3160 spot level,,so advice to all is that do not become so bullish ,,as mkt always react opposite to all mentality..........any way after shorting nifty near 3140-3160 spot range.....just w8 for some days ,,it will defineately come down till 2480--2300 spot level ,,and if doesnot cut the 2250 spot level in dwn side then bull run will start from that 2300 spot level,,,the correct exact start of bull run moove will be updated later as per mkt develops the moove....till then ...short nifty for mini 600 point gain

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