Ultimate Target ,5309-5566 (Complete correction from High of 6336 to 2228 )
Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )
-On 3rd December kissed 5191 & on 11th December kissed 5188.(So why to trade blindly and bark )..it should cross 5208 level.
-Not crossed and see from 5191-5188 crashed to 4972 as expected.
From last 2 days ,I was writing once breaks 4973 will kiss 4900-4876 (Yesterday kissed low of 4937 & closed at 4948)
On 15th December at 5100 indicated triangle target of 4950.Already kissed 4937….Now ,What to expect ?
Today ,Above 4953 if trades & not breaks yesterday’s low then will zoom to kiss 4983-5016-5023 level.
-101% on Rise :Sell -Sell -Sell.
-5023 is Laxman Rekha.
-Around 4983-5000 ,Go short with stop of 5023.
-Support exist at 4900-4876.
Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )
-On 3rd December kissed 5191 & on 11th December kissed 5188.(So why to trade blindly and bark )..it should cross 5208 level.
-Not crossed and see from 5191-5188 crashed to 4972 as expected.
From last 2 days ,I was writing once breaks 4973 will kiss 4900-4876 (Yesterday kissed low of 4937 & closed at 4948)
On 15th December at 5100 indicated triangle target of 4950.Already kissed 4937….Now ,What to expect ?
Today ,Above 4953 if trades & not breaks yesterday’s low then will zoom to kiss 4983-5016-5023 level.
-101% on Rise :Sell -Sell -Sell.
-5023 is Laxman Rekha.
-Around 4983-5000 ,Go short with stop of 5023.
-Support exist at 4900-4876.
WARNING
No need to Jump and Buy Sensex-Nifty Stock.
-IT Stocks :Looking Tired.
-Bank Stocks :Minor rally on card ,Best opportunity to sell only.
-FMCG Stocks :Sell on rally.
ONGC ,BHEL ,L&T ,Bharti & ADAG Stocks:Sell on rise
