This time it all starts from 30th Jan 2014 where we posted the following message@
http://moneymystery.blogspot.in/2014/01/what-ahead-for-markets.html
There we clearly said that even in worst case scenario I see Nifty taking support close to 5990 to 5930 max as of now and market giving good buying opportunity.
For Bank Nifty spot it was said that 10400 is the key level...where its very strong above 10500 and below 10400 closing it becomes very weak where close to +-600 points movement can be seen in no time.
What Happened?
On 4th Feb 2014 Nifty made intraday low of 5933.30
On 4th Feb 2014 Bank Nifty spot made intraday low of 9944
On 19th Feb 2014 when Bank Nifty spot finally closed above 10400/10500 the following message was given@
http://moneymystery.blogspot.in/2014/02/bank-nifty-spot-finally-above-1040010500.html
Where it was said that Well its a buy on dip market now as long it holds 10400 on closing basis. Market looks strong now and bears could face tough problem adjusting themselves. Short covering will be seen in various short position.
http://moneymystery.blogspot.in/2014/01/what-ahead-for-markets.html
There we clearly said that even in worst case scenario I see Nifty taking support close to 5990 to 5930 max as of now and market giving good buying opportunity.
For Bank Nifty spot it was said that 10400 is the key level...where its very strong above 10500 and below 10400 closing it becomes very weak where close to +-600 points movement can be seen in no time.
What Happened?
On 4th Feb 2014 Nifty made intraday low of 5933.30
On 4th Feb 2014 Bank Nifty spot made intraday low of 9944
On 19th Feb 2014 when Bank Nifty spot finally closed above 10400/10500 the following message was given@
http://moneymystery.blogspot.in/2014/02/bank-nifty-spot-finally-above-1040010500.html
Where it was said that Well its a buy on dip market now as long it holds 10400 on closing basis. Market looks strong now and bears could face tough problem adjusting themselves. Short covering will be seen in various short position.
Well today when this message is posted Bank Nifty spot at 12120 and Nifty at 6545.
Since last 4-5 years whenever there was big panic and crisis in the market we have come to rescue by timing the market well & finding the bottom as well. We have never created any panic rather we advised buy in worst market condition in good quality blue chip stocks and generated wealth for our clients.
I don't give regular commentary nor buy recommendations. We look for opportunity and opportunity doesn't knocks every day.
You just can't ignore@ Manish Bothra's Money Mystery
Kind Regards,
Manish Bothra,
Kolkata
I can be reached at manish843@gmail.com
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