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NIFTYPAISA

Is the NIFTY weekly trend changing today

19/11/2009

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Today we saw a major correction after days of compression. That is indicative of a lasting trend on a weekly basis at least.
Good chance to stay short unless Nifty comes back above 4990 on closing basis.

WAIT & WATCH

0315 PM:
The CLOSING for today in case of correction will be so IMPORTANT
4990 - Above this NIFTY may bounce back
4975 - back to square one & will wait for fresh triggers.
4960 - Below this NIFTY has entered the BEAR ZONE on weekly basis

Will update at EOD for new Entry

Just look at the morning calls, we kpt the promise with 65% return in OPTION call. COMPRESSION works almost always in determining our JACKPOT day.
A lot of Clients & supporters with us trade only on such big days !!!
OK, now the GAIN opportunities for todau - HUGEwent from 5040 to 4970.
Thats 70 point Gain in one clear opportunity.
See, 0315 PM message - Closing @ 4989 brings us back in NO TRADE ZONE.
Guys, be careful from tomorrow onwards. DOW + SGX Nifty will give directions for early trade tomorrow >> Catch you then tomorrow!!!


Lets enjoy Nifty'ing !!!!
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