Saturday 24 September 2011

Nifty 2yrs Target 2300 unless it crosses 6350 !

Its better to loose an Opportunity than to loose Money !
As per Elliot Wave theory, C correction started !
From 6335 to 2250  A wave correction
From 2250 to 6300 B Corrective Upmove.
From 6300 to 2250 or even lower. C Down wave has been in force !

Dont invest in stocks, SIT ON CASH.
Invest in stocks when Nifty either touches 2250 or when it crosses 6300 only.
Either Bottom Fishing or Buy on Strength not on weakness !
Even advance decline ratio also favours extreme bearsishness.
See, Shocking Negative  Divergence in Advance Decline Ratio !

Enjoy Cartoon: A fish Wondering about American StockMarket NoseDiving, Pulling China , Europe, Indian StockMarkets along with it !

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