Saturday 31 January 2015

Market View - 2nd Feb 2015

Hi Friends,
I hope people who have followed my Blog have made a killing income
on Friday,

When everyone is talking about Buy, market will move beyond 9000, you
can see I had clearly said look for shorting opportunities.

Now it has clearly given reversal sign on Nifty as well. If you remember, i had
clearly mentioned Bank Nifty has already given the reversal sign. It fell down
by massive 3% on Friday. And the Orient Bank that i had recommended fell
by 6%

Now you will see correction to deepen. The market is now in the mode of
"Sell on Rally/Rise".

Nifty Resistance for Monday will come @ 8850-8870
Immediate Support for Nifty will come @ 8780

And market can now move towards 8630-8650 in this week.


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