Friday, June 1, 2012

What is in store for Indian Stock Markets?

Performance Update:

                 Readers can check the performance of our calls at http://www.jerrytechnicals.com/performance/



Where is Indian Stock Market Headed?



GDP  at 5.3%, bad results, de-valuation, 4600, 4500, 4000 some of the most favorite words in the context of the market. 

All this adds to the confusion.

The first law of technical analysis events like these are factored in price actions.

So we check only the price action.

Price action tells us that spot level of 4780 is extremely critical. 

What happens when Nifty closes below 4780?

What happens when Nifty touches 4780 and moves up?


Learn and earn with each trade.





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