THE STORY OF FAITH AND POSITIVE BUSINESS ENVIRONMENT IS WANING FAST AS THE OTHER DEVELOPMENTS ARE POSTPONING THE FUTURE COURSE OF ACTION AT THE GOVT. LEVEL.
THE SUPREME COURT JUDGEMENT MAY NOW BE DISCOUNTED BUT WILL BE POSITIVE BOTH TO CORPORATE SECTOR AND THE BUREAUCRACY.....
NOW MARKETS ARE TECHNICALLY AT THE CRUCIAL JUNCTURE AS THE 8030-42 RANGE WAS BROKEN DECISIVELY. NOW THE RELIEF RALLY FAILS TO CROSS 8072 LEVEL IS A SERIOUS THREAT TO BULLS. THE CONTINUOUS UNWINDING IS MAKING NERVOUS TO NEW BUYERS AS THE DEEP-POCKETS ARE SELLING THEIR LONGS....
THE FALL STARTED FROM 8-14 AUGUST, THE JP ASSOCIATES MASSACRE BUT MANAGED TO STOP THE WILD FIRE SPREAD, TOOK SMALL CAP PHENOMENAL RISE AS GUARD TO KEEP THE RETAIL INVESTOR INTEREST INTACT...
THE BOTTOM SUPPORTS ARE FAR AWAY AS THE NIFTY CAN DANCE A WHILE AT EACH SUPPORT LEVEL AT 7800, 7480 BUT THE SOLID SUPPORT WILL COME WHEN IT TOUCHES 7200 RANGE...CAN WE EXPECT FAST...IS IT ACCEPTABLE...!!!...NO...SIMPLY GRINDING LOWER AND LOWER......
THE TEST OF BOTTOM CAN BE ASCERTAINED WHEN YES BANK TOUCHES 420-430 RANGE, ICICI TOUCHES 1240-1180 RANGE.... AND THE BANK NIFTY WILL FIND SUPPORT AT 12500-800 LEVEL....
THE SEPTEMBER RESULTS, OCTOBER POLL RESULTS WILL ADD WAIT ON RISE RATHER THAN SUPPORT TO BULLS..SO TILL BUDGET...SIMPLY WAIT FOR LONG-TERM INVESTMENT...
THE SUPREME COURT JUDGEMENT MAY NOW BE DISCOUNTED BUT WILL BE POSITIVE BOTH TO CORPORATE SECTOR AND THE BUREAUCRACY.....
NOW MARKETS ARE TECHNICALLY AT THE CRUCIAL JUNCTURE AS THE 8030-42 RANGE WAS BROKEN DECISIVELY. NOW THE RELIEF RALLY FAILS TO CROSS 8072 LEVEL IS A SERIOUS THREAT TO BULLS. THE CONTINUOUS UNWINDING IS MAKING NERVOUS TO NEW BUYERS AS THE DEEP-POCKETS ARE SELLING THEIR LONGS....
THE FALL STARTED FROM 8-14 AUGUST, THE JP ASSOCIATES MASSACRE BUT MANAGED TO STOP THE WILD FIRE SPREAD, TOOK SMALL CAP PHENOMENAL RISE AS GUARD TO KEEP THE RETAIL INVESTOR INTEREST INTACT...
THE BOTTOM SUPPORTS ARE FAR AWAY AS THE NIFTY CAN DANCE A WHILE AT EACH SUPPORT LEVEL AT 7800, 7480 BUT THE SOLID SUPPORT WILL COME WHEN IT TOUCHES 7200 RANGE...CAN WE EXPECT FAST...IS IT ACCEPTABLE...!!!...NO...SIMPLY GRINDING LOWER AND LOWER......
THE TEST OF BOTTOM CAN BE ASCERTAINED WHEN YES BANK TOUCHES 420-430 RANGE, ICICI TOUCHES 1240-1180 RANGE.... AND THE BANK NIFTY WILL FIND SUPPORT AT 12500-800 LEVEL....
THE SEPTEMBER RESULTS, OCTOBER POLL RESULTS WILL ADD WAIT ON RISE RATHER THAN SUPPORT TO BULLS..SO TILL BUDGET...SIMPLY WAIT FOR LONG-TERM INVESTMENT...
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