"Bears are trying hard to move the market downwards. 4159 will be crucial point from where they can take the market easily to thier favourite target of 3800....
Close Below 4159 Full contol of Bears" Posted on 23-09-08
On that day market closed at 4126.90 & Today Market Hits their favourite Target 0f 3800...
Todays Market is proving the power of Technical Analysis and Charts. In this panic and blood bath of selling, hope the market is going to get support at the level of 3779 and can move upwards to an extent.
Caution: If market fails to close above 3790, expect more panic selling and new lows till XXXX in coming trading days.
Hope todays recovery will take market well above this point(3790) and a close above 3848 will halt this bear phase for short term and can establish sideways movement (3790 - 4250).
Monday, September 29
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1 comment:
absolute and accurate analysis
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