Many traders, atleast 65% said MKT will Go DOwn till 4500 or so & so...
FRDs, u remembered when NIFTY was 5250 to 5180 in January 2010. Everybody tired, and saying NOW NO CHANCE to GO BLOW 5000SO BUY AS MUCH U CAN....And WHOLE India (somewhere Including us, but we Exited in Cost to Cost) seated in BOUGHTand what Happened??? totaly reverse...that is 4670...then Budget Cames, and some people saying that nothing Specical in Budget...may be some Short Covering will come...and yes NIFTY FIRE from 4670 to 5168.70
NOW WHAT??????as I said 65% saying DOWN DOWN DOWN till 4500...bcaz RBI so & so bla bla bla or bla....
This time Mostly People seated in SHORT from 4950 to 5150BUT as I FEEEEEEEL as ,NIFTY will HITTTTTTT NEW HIGH very SOONNNNN that is more then 5310+++where every shorters have to Cut their SHORT position...and that time Some Fool, Fresher, some Aggrassive will seat in BULLS...and then I feel NIFTY to CRASH till 4800/4500.
BUT FIRST NEW HIGH VERY SOON!!!!! then & then 4800/4500...
NOTE: The above post is very special and made out of traders mind without applying any Technical analysis like charts, OI etc.. coz, wht v feel is wht v get(traders)
Write Yours too..... Dimaag se...
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