Showing posts from October 24, 2009

NIFTY - ALERT (10th OCT. 09 opinion repeat)

Please refer 10 oct.09 opinion (only changes are nifty numbers). NIFTY - Now it closed below 5000 so 6 months uptrend trendline (first wave of this mega bull trend ) was broken and confirm the major correction. It may be 20 % to 30 % fall from the top of 5182 (20 Oct. 2009). Major confirmation will come, once it close three days in row or weekly close below 4646 . so it is time to act.