In the extreme worst case I feel Nifty taking support close to 8120+- and bounce back.
In the event of closing below 8120/8100 Nifty has all possible chances of hitting downside level of upto 7790/7750 & 7460+- max before bouncing back again.
We are not here to panic anyone. I don't believe in pressing panic button. Caution is the key word here. One should remember what can happen if any key level is broken so that one can act accordingly.
Above 8588 we gave upside level of 400-500 points which got hit on 4th march hitting 9100+ and it start correcting from there.
Below 8588 I alerted to be cautious and gave 1st downside level of upto 8395.
Further messages have also been given in our facebook page.
There's nothing to fear. Money can't be made overnight. One need to be systematic & discipline. I would definitely like to add some in the region of 8200/8100 as I feel its the 1st best support area for a bounce.
If this level fails to hold I will start adding further only close to the mentioned level of 7790/7750 & 7460+-
One need to have patience and nothing else. Don't loose your cool. Buy when everyone is in fear mode and learn the art of exiting too.
For more updates visit Money Mystery page on Facebook
In the event of closing below 8120/8100 Nifty has all possible chances of hitting downside level of upto 7790/7750 & 7460+- max before bouncing back again.
We are not here to panic anyone. I don't believe in pressing panic button. Caution is the key word here. One should remember what can happen if any key level is broken so that one can act accordingly.
Above 8588 we gave upside level of 400-500 points which got hit on 4th march hitting 9100+ and it start correcting from there.
Below 8588 I alerted to be cautious and gave 1st downside level of upto 8395.
Further messages have also been given in our facebook page.
There's nothing to fear. Money can't be made overnight. One need to be systematic & discipline. I would definitely like to add some in the region of 8200/8100 as I feel its the 1st best support area for a bounce.
If this level fails to hold I will start adding further only close to the mentioned level of 7790/7750 & 7460+-
One need to have patience and nothing else. Don't loose your cool. Buy when everyone is in fear mode and learn the art of exiting too.
For more updates visit Money Mystery page on Facebook
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