So many traders would have loosen their money in the market today. Because definitely you would have heard this time also when most of fake analyst had been talking about 6700+++. These days hundreds of website providing nontechnical tips and recommendation to innocent people. I would like to request to all viewers that be careful with this type of website. Don't loose money and hope in the market. Where you have lost there you will get only. If your one lac may be 10000 then your 10000 may also be 1 lac. Market have both the capacity only you need to change your trading style. Yes ! Change your trading style and stop losing money. Actually why this happen because they think that they are smart than market. But in reality market is smarter then them self. Always try to read the market not your expectation. Market doesn't runs on one expectation. If you know the better idea to trade then definitely you would have applied it.
Learn the fantastic way of trading and forecasting the market. Be a trading hero. Join NIFTY EYES MULTILEVEL MONEY MAKING CLUB and stop loosing money. Join before your all capital washed out.
Two days back I had boldly written. Just see what I have written:-
I wrote in my previous post that Nifty has completed its 3rd standard of correction and break below 6140 will drag nifty towards 6059 and 5953. Today nifty closed at lower trend line as shown in picture below. Expect nifty kiss 6059 level tomorrow. Bias are negative now until nifty give closing above 6180 level. Nifty is in sell on rise mode. Next few days action will be very important. Be careful with your overnight position.
Above line was written on 21 May.
On 16 May I wrote keep patience for 6250. Market went very near to our target. After that I gave you indication that market has completed 3rd standard of correction. Now result is just before you. What else you want now. If this information is not enough for you than i will pray OH GOD SAVE INNOCENT PEOPLE FROM LOSING MONEY.
Technical:- Currently nifty has given closing below 20 day moving average after 24 days. RSI is in favor of bears. Any two consecutive close below 20 day moving average may drag nifty towards 5900. Nifty weekly charts rising wage trend line support attracting with negative divergence on RSI towards 5600 but it will be little early to talk about this level. Pattern is completely sell on rise until nifty give breakout above 6080 level. One should improve stop loss in this type of market so that big rally could acquire if downtrend converted into big rally.
click on chart for its larger view.
JOIN MULTI LEVEL MONEY MAKING CLUB ONLY AT RS.8888 FOR ONE FULL YEAR. OFFER VALID TILL 31 MAY 2012.
