Money Mystery's Bulls Eye Hit @ Nasdaq's journey from 2900 to 5000+

I would say it a Big Breaking Alert as we were the first to do so for Nasdaq.

NASDAQ FINALLY HITS BULLS EYE HITTING 5000+ on 2nd March 2015

When Nasdaq was trading at sub 2900+ levels in 2012 March we gave a upside target of upto 3600 at over a period of 1 year+-

Checkout our message dated 3rd March 2012@ http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?m=1

Finally in July 2013 Nasdaq hits 3600.

On 2nd August 2013 when Nasdaq was trading around 3675 we again came with a bullish view on Nasdaq and gave away upside target of upto 3966 to 4500.

Checkout message dated 2nd August 2013@

http://moneymystery.blogspot.in/2013/08/nasdaq-still-very-strong.html?m=1

In my article dated 25th Feb 2014 I have already mentioned the next course above 4500@ 

Nasdaq faces tough resistance around 4500-4572
Closing above 4600 on continuous basis could make it strong again where we can see fresh rally in IT stock or vice versa where Nasdaq can try to hit level of upto 5000-5100.

Just 2 or 3 of the messages covered the entire 2-3 year story of Nasdaq.

Money Mystery's Bulls Eye Hit @ Nasdaq's journey from 2900 to 4500+

I would say it a Big Breaking Alert as we were the first to do so for Nasdaq.

NASDAQ FINALLY HITS BULLS EYE HITTING 4500.
Before on 2 occasion it came closure to 4500 however in the 3rd attempt it manages to hit 4500.

When Nasdaq was trading at sub 2900+ levels in 2012 March we gave a upside target of upto 3600 at over a period of 1 year+-

Checkout our message dated 3rd March 2012@ http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?m=1

Finally in July 2013 Nasdaq hits 3600.

On 2nd August 2013 when Nasdaq was trading around 3675 we again came with a bullish view on Nasdaq and gave away upside target of upto 3966 to 4500.

Checkout message dated 2nd August 2013@

http://moneymystery.blogspot.in/2013/08/nasdaq-still-very-strong.html?m=1

In my article dated 25th Feb 2014 I have already mentioned the next course above 4500@ 

Nasdaq faces tough resistance around 4500-4572
Closing above 4600 on continuous basis could make it strong again where we can see fresh rally in IT stock or vice versa where Nasdaq can try to hit level of upto 5000-5100.

Just 2 or 3 of the messages covered the entire 2-3 year story of Nasdaq.

Nasdaq@ Will it bounce, What Next??? Here's my take!!!

Just on 25 Feb 2014 an alert was given about a big possible correction in Nasdaq as it was approaching its tough resistance zone and apparently it corrected from a top of 4371 made on 6th March to 3991 on 11th April since then correcting 9%.

Msg given on 25th Feb@ http://moneymystery.blogspot.in/2014/02/time-to-dump-it-stock-why.html


Now what@ Nasdaq finds excellent support in the region of 3966 and I see Nasdaq taking support and giving good possible bounce somewhere near to 3966 giving some relief to the battered tech basket.

Level of around 3966 will be the key level to decide the future course of action. Strong till holds 3966 and much weaker below that.

Level Matters With Manish Bothra's Money Mystery.

Time to stay away or book profit in IT stock!!! Why?

Nasdaq composite which is highly followed in the U.S. as an indicator of the performance of stocks of technology companies is heading toward its ever toughest resistance of 4500 which is still 200 points away from its current level of 4300.

When Nasdaq was trading around 2900+ we gave away upside target of upto 3600 and above that gave away upside target of upto 3966 to 4500 where it made high of 4311 so far.

I believe the time has come to book or get out of IT stock as Nasdaq headed higher towards 4500 and its better to remain in cash. Whether 4500 will be hit or not I don't know...its the maximum which i see as of now.

Why??? I am explaining with my logic@

Since Nasdaq was around 2950-3000+ various of the Indian IT stocks including Infosys, TCS or HCL Tech were available at dirt cheap price.... 2200(Infy) now 3750, 1180(Tcs) now 2200, 480 (HCL Tech) now 1550...etc.,

We still follow US market movement at its best. As am expecting Nasdaq to face tough resistance close to 4500 and see a big technical correction somewhere from there which will hit IT stock hard. The returns have been splendid and keeping the greed out its better to book profit and keep big cash aside.

My 2nd Logic@

Rupee depreciation has helped IT companies earn big revenues and profits. If NDA comes to power which looks certain as of now then the fate of INR is going to change where I see Rupee regaining the lost strength and getting back to 50 odd levels which is no good news for IT cos. So discounting all these assumption I feel its better to stay away from IT stocks and in both the logic its a no win situation for IT cos.

Nasdaq faces tough resistance around 4500-4572 which is still 6-7% away from current level...this's the area where it will get very vulnerable and stock prices could behave madly on the upside as well on the downside. See if your heart is strong enough to face that situation and if not then stay away.

Closing above 4600 on continuous basis could make it strong again where we can see fresh rally in IT stock or vice versa where Nasdaq can try to hit level of upto 5000-5100.

So trade or invest accordingly.



Note: Above are my personal opinion and I might get wrong.


Subscribe to my services...mail me at manish843@gmail.com

Nasdaq Hits Money Mystery's Bulls Eye@ 3966:)

Nasdaq hits 3966 which was our given dot target from where it corrected as of now. 

@ Biggest Technical Prediction on Nasdaq. Let me know if anyone did the same.

When Nasdaq was trading at sub 2900+ levels in 2011 March we gave a upside target of upto 3600 at over a period of 1 year+-

Checkout our message dated 3rd March 2012@ http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?m=1

Finally in July 2013 Nasdaq hits 3600.

On 2nd August when Nasdaq was trading around 3675 we again came with a bullish view on Nasdaq and gave away upside target of upto 3966 to 4500.

Checkout message dated 2nd August 2013@ http://moneymystery.blogspot.in/2013/08/nasdaq-still-very-strong.html?m=1

Money Mystery is available on whatsapp & Blackberry Messenger.
Subscribe & be a part of it.

Regards,

Manish Bothra,

Kolkata

Biggest Technical Prediction: Nasdaq: From 2900 to 3961

Nasdaq hits 3961 @ Biggest Technical Prediction on Nasdaq. Let me know if anyone did the same.

When Nasdaq was trading at sub 2900+ levels in 2011 March we gave a upside target of upto 3600 at over a period of 1 year+-

Checkout our message dated 3rd March 2012@ http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?m=1

Finally in July 2013 Nasdaq hits 3600.

On 2nd August when Nasdaq was trading around 3675 we again came with a bullish view on Nasdaq and gave away upside target of upto 3966 to 4500.

Checkout message dated 2nd August 2013@ http://moneymystery.blogspot.in/2013/08/nasdaq-still-very-strong.html?m=1

Money Mystery is available on whatsapp & Blackberry Messenger.
Subscribe & be a part of it.

Biggest Technical Prediction on Nasdaq comes true:)

Nasdaq@ Biggest Technical Prediction on Nasdaq. Let me know if anyone did the same.

When Nasdaq was trading at sub 2900+ levels in 2011 March we gave a upside target of upto 3600 at over a period of 1 year+-

Checkout our message dated 3rd March 2012@ http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?m=1

Finally in July 2013 Nasdaq hits 3600.

On 2nd August when Nasdaq was trading around 3675 we again came with a bullish view on Nasdaq and gave away upside target of upto 3966 to 4500.

Checkout message dated 2nd August 2013@ http://moneymystery.blogspot.in/2013/08/nasdaq-still-very-strong.html?m=1

So far hits around 3857......!!!!

Nasdaq Still Very Strong

Technically Nasdaq is still looking very strong where slowly & steadily it could see level of upto 3966 to 4500...currently at 3675

Nasdaq hits 3600+....up around 25%....Target Achieved.

Nasdaq hits 3600 in July 2013....target achieved...saw upside of around 25% since predicted.

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600 when it was trading around 2900

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729

Regards,

Manish Bothra

Nasdaq hits target given last year

Nasdaq hits 3532 on 22nd May 2013

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600 when it was trading around 2900

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729

Regards,

Manish Bothra,

INDIA

Nasdaq on Fire@ Hits 3400+

Nasdaq hits 3400+

This's what we predicted for Nasdaq way back in 2012....a higher target of 3500-3600

Check this out: http://moneymystery.blogspot.in/2012/03/nasdaq-looking-much-more-bullsidh-than.html?showComment=1368012676646#c7208010146208090729
Regards,

Manish Bothra,

INDIA

Nasdaq....Marching Higher!!!!

Nasdaq so far hits high of 3196. 
Check out our message posted on Label Nasdaq and see how accurate we were on it since the very beginning.

Nasdaq bounces from given support level

For Nasdaq we gave strong support level at 2873/2858 and we found that on thursday's correction it made low of 2857.10 and closed at 2859.09....bang on the support level....from previous days high & close of 2942 & 2910........On friday it again bounced back to 2892.


Thats Money Mystery.


Subscribe & Promote.

Nasdaq likely to be on fire again....

Nasdaq closed above its crucial resistance level of 2858/2873 and its likely to remain very strong as long it trades above these levels.
Nasdaq took support around our mentioned level and bounced. Level of 2873/2858 will act as the immediate support level for Nasdaq.
Check out our previous messages on the same.
Subscribe to Money Mystery and get the best of stock & market ideas.

Nasdaq bounces from the given Long term support level

On 4th June Nasdaq made low of around 2727 from where it bounced back to 2840 as of now on 6th june when this message is posted, So far up by 4% since that low.


On 6th March 2012 here at this blog the long term chart support for Nasdaq was given at 2781/2700 and it was said that these are the key levels to look out for where we can expect Nasdaq to bounce and as long these levels are intact uptrend in Nasdaq will remain intact. 
Immediate resistance for Nasdaq stands at 2858/2873

Nasdaq below Short term Support Level....what next???

On 6th March 2012 the following message was posted in the comment area@


I talked of some key support level for Nasdaq above which it will remain strong. Short term support stands at 2873/2858 whereas in the long term chart Support stands at 2781/2700. These are the key levels to look out for where we can expect Nasdaq to bounce from these levels. And as long these levels are intact uptrend in Nasdaq will remain intact.(end)

Long term chart support for Nasdaq stands@ 2781/2700

Wish it takes the much needed support & BOUNCE.

Nasdaq@ Bang on Target

Nasdaq@ At 12.21am when message posted Nasdaq so far hits low of 2873 where we gave short term strong support at 2873/2858 level in my message posted on 6th March 2012 here in this forum.
Can expect good bounce from the above mentioned level.

Nasdaq Near Its Key Support Levels

Nasdaq@ 2893


On 6th March 2012 the following message was posted on Nasdaq in the comment area in this forum@

Short term support stands at 2873/2858 whereas in the long term chart Support stands at 2781/2700. These are the key levels to look out for where we can expect Nasdaq to bounce from these levels. And as long these levels are intact uptrend in Nasdaq will remain intact.

NASDAQ LOOKING MUCH MORE BULLISH THAN DOW

I HAVE PREPARED A LITTLE TECHNICAL REPORT WITH CHART SUPPORT IN 1ST WEEK OF FEB 2012 ON NASDAQ WHERE I CAME TO CONCLUSION THAT NASDAQ COULD SEE LEVEL OF UPTO 3500-3600+ OVER A PERIOD OF 1 YEAR+- PROVIDED IT MAINTAINS SOME OF ITS KEY SUPPORT LEVEL.
CURRENTLY ITS BELOW 3000.