NIFTY TREND

Nifty opened gap up with 80 points, but could not sustain for even 15 minutes and closed below my number 12092.

It was a day of disappointment for those wanted the nifty to fall on the basis of news. But the chart never indicated any huge fall. The weekly levels and 2/3 of nifty 50 pack was bullish as indicated in my previous post.

Never take a trade without knowing the price action and its indication. 

Now I could see Nifty and BN - both synchronized in indicating start of a fall, probably from tomorrow. 

The quantum of fall and the major support are intimated to members.  Do home work, analyze the index, you will find the answer.

Good Luck!

Where king is easy of access, where no harsh word repels,,,,

That land’s high praises every subject swells

                                                                 Kural No:386

 Explanation: 

The whole world will exalt the country of the king who is easy of access, and who is free from harsh language..

காட்சி கெளியன் கடுஞ்சொல்லன் அல்லனேல்

மீக்கூறும் மன்னன் நிலம்.      குறள் எண் : 386

மு.வ : காண்பதற்கு எளியவனாய்க் கடுஞ்சொல் கூறாதவாய் இருந்தால் அந்த மன்னனுடைய ஆட்சிக்கு உட்பட்ட நாட்டை உலகம் புகழும்.