Friday, December 7, 2012

Looks like 80 D trough was formed at 5550.. and we are coming out of it.. but the lower TF are topping out so we might see a dip towards 40D and 20 D trough but 40W and 20 w are still strong and pointing towards one more upward move towards 6000 maybe or something and then a big dip towards february end or march mid
SBI did show strength we can keep accumulating all dips and then final target of 2800 maybe by February end and then a crash along with Nifty.

Again I dont think nifty is going to 4000 levels and all.. might be restricted to 5000 levels. So buy at those levels. For handsome gain.

Cheers
Happy investing!!

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