So once again the hopes of a(much awaited) retracement were belied and Nifty's yesterday's pause remained a pause and did not turn out to be the SW4 retracement.
In fact now the previous support bands of 4720-4740; 4890-4910;5150-5170 have become bands of resistance and the ease with with all these have been breached, shows the strength of negative bias that market has acquired.
SW1=5400-5205=195
SW2=5205-5326=121
SW3=5326-4641*=685(351%) capable of doing max of 425% has looked unrelenting so far.
Have nothing concrete to suggest. So better leave it here.
Raghu
dear raghu bhai how do i join FB as i have send the message on fb to sunny to join but seems no response . i am waiting for the response. could you please tell me to add so that i can learn and make money with all of you thanks vishal
ReplyDeleteDear Vishal,
ReplyDeleteShall convey your msg. However,not everyone is making money over there---HHHHH
dear raghu bhai
ReplyDeletethanks my email id is vishalseth412@gmail.com