Friday, May 4, 2012

Sensex !! Triangle breakdown "Implication of 1500 points" ?

SENSEX-

Almost 2month long  lawn tennis match is over now , its time to send the ball out of park .bears are /have taken control of proceedings now.They will call the shots now.
Charts says it has broken a imp support of 17000/5150 levels .
The trade should be to Short sell Nifty with a tgt of 16000/15500 levels .while crossing of 5150/5300 spot levels will put a brakes on the plans of hard hitting Bears.

BinGo !!

1 comment:

  1. SENSEX DID OBLIGE US BY GOING DOWN 1200-1300 POINTS IN A MATTER OF 8-10 DAYS.
    NIFTY WENT DOWN 450 POINTS, PUTS WENT UP 7 TIMERS.
    TRADERS SHOULD TRADE WITH TREND AND NOT OPPOSITE TO IT.

    ReplyDelete