Sunday, 13 March 2016
Bank Nifty :Many Hurdles -15400-15450.Laxman Rekha at 15510.Remember :8th Trading session
Last Close :15243
Hurdles at 15400-15450
Yes ,101% Should cross with volumes and stays above then only will show POWER.
Target :15700————15800 is possible.
Above 15510 level if stays for 3 Consecutive Days + Weekly close …………………..
BLAST upto 16210-16444 is possible. (Yes this level is valid for next month too )
Thursday, 10 March 2016
Market Review for 11th March 2016
Nifty (7486)
we said ‘and like I say 7550 and then 7702 is the next logical target
in the days to come as long as 7400 holds’ the market saw the high near
our resistance at 7447 and has closed flat for the day…technically up
trend not compromised as long as 7400 holds…
The support for the Nifty is at 7400 and the resistance to the up move is at 7550-7702
Wednesday, 9 March 2016
Bank Nifty-Crucial Support & Down Targets.
Now at 15165 level.
Watch :14902———-14777 in PANIC ,Just need Patience.
Break & Close below 14777 will take to 14403—————-14278 level.
Nifty Future-Crucial Support levels and Down Targets
Now at 7444
Crucial Support & Down Targets…………………………………
7396————–7349 levels.
Next Target :7209——————7162.
Today half session gone ,Now 9th Trading session will see UNEXPECTED level.
Our Buying is intact in 7300-7400-7500-7600 PE.
Jeff Gundlach’s Says S&P 500 Can move 2% Up and 20% Crash is possible
According to DoubleLine’s Jeff Gundlach, this is his favorite chart – backing his persepctive that equity markets have “2% upside and 20% downside) from here.
In his words: “These lines will converge…”
Chart: Bloomberg
It
should be pretty clear what drove the divergence, and unless (and maybe
if) The Fed unleashes another round of money-printing (or worse), one
can’t help but agree with Gundlach’s ominous call.
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