Who would have thought at 4330 that a new 2009 highs will be made in the index in only 6 trading days......Well, I am happy that we did it.....But now the works get harder for me.....I know that most of my readers are do wait for my next post everyday. But I really do not get enought time to write everyday....Again whats the point in writing everyday. I try to get the wave pattern correctly and ride the bigger swing thats lying in the markets instead of fighting for 20 points daily and losing 100 points in a month....We are still riding the 4950 wave and we caught the reversal point at 4330.....We are 400 points ahead of others....Isn't it nice?
As of now, I dont find any new wave, which means that we are still riding the upmove as said earlier and again repeating......"4950 on 7th Septemeber, 2009".
After that???
Well, 3 waves coincides at around 5120-5150 around 16-20th September, 2009 and the following things happen......
1. Two of the waves complete their bullish nature and one of them starts its bearish swing....
2. The bigger wave and the smaller wave completes its upside target while the medium wave probably will start showing its bearishness in rather fast and furious way....Details to be posted in subsequent articles....Keep visiting the site daily.....I have already written in one of the previous articles that S&P 500 is very very weak and is only accomodating to help Nifty move towards its target......
A clue: Why did RNRL-RIL gas deal get deferred to 20th Oct ? Do u think its just like that.....Maybe thats another clue.....Note this line. I will explain after 20th Oct, if my analysis comes true.....
But for the time being enjoy the upmove.....Be very very cautious about each upmove and keep reducing your leverage positions immediately after 7th September......Mind this !!!!
I have in the meantime, started a free sms service to help all my readers. The professional service is still taking sometime due to development delay.....
For the free sms updates......type "JOIN saptarshimandal" and sms it to 567678...
Yesterday, gave a call of NBFCs and PSU banks.....IFCI suddenly went up 6% after months of consolidation.....
As of now, I dont find any new wave, which means that we are still riding the upmove as said earlier and again repeating......"4950 on 7th Septemeber, 2009".
After that???
Well, 3 waves coincides at around 5120-5150 around 16-20th September, 2009 and the following things happen......
1. Two of the waves complete their bullish nature and one of them starts its bearish swing....
2. The bigger wave and the smaller wave completes its upside target while the medium wave probably will start showing its bearishness in rather fast and furious way....Details to be posted in subsequent articles....Keep visiting the site daily.....I have already written in one of the previous articles that S&P 500 is very very weak and is only accomodating to help Nifty move towards its target......
A clue: Why did RNRL-RIL gas deal get deferred to 20th Oct ? Do u think its just like that.....Maybe thats another clue.....Note this line. I will explain after 20th Oct, if my analysis comes true.....
But for the time being enjoy the upmove.....Be very very cautious about each upmove and keep reducing your leverage positions immediately after 7th September......Mind this !!!!
I have in the meantime, started a free sms service to help all my readers. The professional service is still taking sometime due to development delay.....
For the free sms updates......type "JOIN saptarshimandal" and sms it to 567678...
Yesterday, gave a call of NBFCs and PSU banks.....IFCI suddenly went up 6% after months of consolidation.....
No comments:
Post a Comment