AS I AM TELLING FOR DOWN MOVES FOR THE LAST 2 DAYS AND RED CLOSINGS ARE ALSO SEEN BUT NOW WE ARE 5 DAYS AWAY FROM ELECTIONS RESULTS. TOMORROW IS LAST DAY OF POOLING AND POLITICAL PARTIES HAVE STARTED TO TAKE REALISTIC STAND. LALOO,PASWAN AND BUDDHDEV BHATTACHARYA SHIFTED THEIR STAND YESTERDAY AND CONGRESS LED UPA GOVE. HOPES HAVE INCREASED AFTER ELECTIONS.MARKET WILL LIKE UPA OR NDA LED STRONG GOVT. AFTER ELECTION AND IN THAT SITUATION RALLY WILL REMAIN CONTINUED.AS INDIAN POLITICIANS CHANGE THEIR POSITIONS REGULARLY THEREFORE INDIAN MARKETS WILL REACT SIGNIFICANT POLITICAL CHANGES AND REMAIN VOLATILE.
AFTER GOOD SELLING AT HIGHER LEVELS INDIAN MARKETS BROKEN DORM AND TRADED LAST 3 HOURS BETWEEN 3535-3575.ALTHOUGH ASIAN MARKER ARE IN RED AFTER FALL IN EUROPEAN AND US MARKETS.US AND EUROPEAN MARKETS INTRADAY CHARTS ARE ALSO SHOWING GENUING SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED IN BOTH MARKETS BUT INDIAN MARKETS WILL REACT SHIFTING STANDS OF INDIAN POLITICAL PARTIES AND INCREASING POSSIBILITIES OF UPA OR NDA LED GOVERNMENTS AFTER ELECTIONS AND OPEN FLAT AS WELL AS FIRST TRADE WITHIN LAST THREE HOURS RANGE OF YESTERDAY(3535-3575).TODAY MOVE AND NEXT MOVE OF INDIAN MARKETS WILL DEPEND BREAK OUT OF THIS RANGE.
VERY CLEARLY I AM SAYING THAT IF NIFTY SUSTAINS ABOVE 3575 THEN AGAIN UPMOE AND GREEN CLOSING WILL BE SEEN TODAY AND IF NIFTY SUSTAINS BELOW 3535 THEN RED CLOSING TODAY AND FURTHER DORN MOVE WILL BE SEEN.
ONLY WATCH 3535-3575 FOR NEXT TREND CONFIRMATION.
(LALIT KUMAR DHINGRA)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment