Thursday, August 6, 2009

6 AUGUST 2009 - NIFTY SPOT EOD STRENGTH ANALYSIS FOR SHORT TERM

ALERT: NIFTY SPOT EOD CHARTS SHOWING THAT ITS LOSSING ...!!!!
BE CAUTIOUS WITH YOUR LONGS
DONT INVEST IN 2-3% DECLINE BUY ONLY AFTER SHARP FALL NEXT UPMOVE WILL BE PURELY STOCK SPECIFIC, SO BUY ONLY GOOD FUNDAMENTAL STOCKS

BELOW CHART SHOWS HOW ACCURATE STRENGTH INDICATOR WORK...!!!



ON 1ST OF AUGUST I HAVE POSTED THAT NIFTY SPOT FORMING BULLISH PATTENS BUT CONDITION WAS, IF MUST HAD TO CLOSE ABOVE 4720 FOR 2-3 DAYS FOR BIG UPMOVE BUT IT DIDNT ABLE TO CLOSE ABOVE 4720 FOR EVEN ONE DAY AND TODAY FALLED DRASTICALLY...!!!

CHEERS......!!!!!!!!!
Author: Unknown || Posted at Thursday, August 06, 2009
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