Nifty Bang on@ Money Mystery did it again

We gave two tight support level for Nifty from where we expected the market to bounce again which were 5932/5906 & 5857/5850 where many were talking of sub 5700-5600 and as a matter of fact many could not participate in it. One need to be properly informed about where the market stands and what can happen from here on. We categorically said that Closing below 5850 should be a clear cut avoid for Nifty because the next support is somewhere 90/100 points lower so trade accordingly else expect a good bounce somewhere near to the support level. Finally on 15th feb Nifty touched low of 5853.90 and bounced back.

Go through my blog for the authentication.