Wednesday, January 14, 2009

Next fall is imminent

It is quiet accepted among TA’s that a bullish sign will not give good gain in a bear market, Where as a bearish sign will have strong impact in the price movement. That is what we have seen here in the last two uptrend marked with RSI channels, and of course there was three down trends breakout too ,from jan 08, but that didn’t make substantial gain. I am expecting the current break out (confirmed) from the up trend channel / triangle will take the sensex to the mach awaited 6800 level by early march. Todays high was 9387.60 and the index is +170 points at the time of posting this blog. I was on an mid time vacation in DEC: and was so bored to make any posts. Any way I will refrain to post in groups to avoid blare which misplace my valuable time.

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Gann Date combination for Nifty from 7511 bottom on 24.march 2020

 Gann Dates falling  from the bottom 7511 on 24/3/2020