Rally is Not Due to Budget :It’s Due to Double Bottom at 6850 area + USDINR + Global Rally :Nothing else !
“There
is a saying, “a picture is worth a thousand words.” One might
paraphrase this by saying a profit is worth more than endless alibis or
explanations…prices and trends are really the best and simplest
“indicators” you can find.”
Last Close : 7229
Now SGX Nifty @ 7342 ( +106 points )…………So all Cream gone by Indian Traders !!!
Above is DAILY cHART OF NIFTY FUTURE ,Look at Double Bottom and see RSI too !!
Will Open with Gap above Falling TRENDLINE @ 7308 level.
PANIC Buying upto 7359——–7403——-7413 is possible.
Is LAXMAN REKHA for Nifty Future
Today Sharp GAP Up ………….Yes ,Between 7350—7413 ,Sell in TONS …Stop of 7461
Buy 7250 ,7300 Put if NF spurts to 7350-7400+++
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