When all were telling for Nifty below 5200 then I started to tell for minimum 5900 and rally started from very much that day when minimum 5900 was told before oprning of market in Pre-Open Market Outlook(25-03-2011)
5th wave is on and Nifty is trading within resistance range(5700-5900). Market consolidate at higher levels without any deeper corrections in bullish markets and that will be seen. If having courage then ride on running horse otherwise if will try to stop(shorting) then remain prepared for kick.
Remain bullish. Market require complete complete selling patterns for any down move begining and whenever that will happen then intraday charts will show well in advance. Only minor very short term corrections should be expected after heated sentiments and rally will remain continued after its completion and fresh higher levels consolidations.
5th wave is on and Nifty is trading within resistance range(5700-5900). Market consolidate at higher levels without any deeper corrections in bullish markets and that will be seen. If having courage then ride on running horse otherwise if will try to stop(shorting) then remain prepared for kick.
Remain bullish. Market require complete complete selling patterns for any down move begining and whenever that will happen then intraday charts will show well in advance. Only minor very short term corrections should be expected after heated sentiments and rally will remain continued after its completion and fresh higher levels consolidations.