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Friday, November 13, 2009


 
Yesterday as expected never crossed 5048,was not able to cross Wednesday high of 5024.Below 4993 ,My target was 4931-4901-4870 level.(Low was 4917 and closed at 4953 )


Remember 5048 is Major Hurdle.

Today ,Support at 4901-4889-4870.

It will face Hurdle at 4978 level.Crossover with volumes will take to 4998-5005 level.

ALERT :Remember these two levels :4870 & 5048.

Break below 4870 or closes below this level will create panic selling and freefall in mkt.

Above 5048 will take to 5167 level (chances remote)

I was thinking not to write about Monday move (Today itself )

-But just 101% something will happen unexpected on Monday.

-Below 4870 ,I see BLACK MONDAY.

-Best Strategy on’t remain long in Sensex/Nifty stocks.

-Two things happening first time on Monday (will write details in next 1-2 days )