As was suggested in my last post on Saturday, the Nifty has achieved a target of 3840 today, and has tried consistently to retest it.
As is normal, these targets are overshot somewhat.
Therefore, it is only prudent to expect the 3840 levels to be penetrated mildly, and then a minor correction to set in.
Bulls among us can now wait patiently for re-entering the market at lower levels.
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3 comments:
thank you sirji ! it seems newsletters have become weekly rather than daily. no problemo ! whatever that comes our way 1!
reg
ketan
Sirji !! It has penetrated 3840 "mildly" as suggested by you ! Now talks of a correction are also in the offing ! Kudos !!
Teach me sirji !! Teach me !!
reg
ketan
Sirji where is it headed from 3960 ??
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