1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Nifty Perfect W

Discussion in 'Technical Analysis' started by shabbir, Nov 26, 2013.

  1. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    LOL
     
  2. madhusudhanps

    madhusudhanps Member

    Joined:
    Aug 20, 2012
    Messages:
    45
    Likes Received:
    6
    Nifty might continue its positive rally till election results of Dec 9 on hopes of BJP winning majorly because of prepoll surverys.
    If results favour BJP; then Nifty can reach new highs too.
    Or if results favour Congress; then we can expect downside move.
    Better wait till election results to decide the move rather than taking big risks.
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    Make sure you don't wait for the event to happen and play for runup to the event.
     
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    It doesn't matter to market who is winning, what matters is certainty even if cong. will win with majority it will cheer.

    Important thing to remember, MARKET LOVES TO GIVE SURPRISES.

    WE ALL SHOULD BE EXTRA CAREFUL AS THIS WEEK WILL BE MORE VOLATILE AND BIG PLAYERS WILL DEFINITELY TRY TO PLAY WITH OUR EMOTIONS.