Market Observation

Now Nifty Cash  is  unable to cross 6250. in days to come and Market drift down. Then safely assume that Market form its Top Time wise & Pricewise. As per Fibonacci Time Series

25^th February 2014. Is Important Turning date so be Alert on Buying Side. Next Support area is 6050 &5980.and final Target 5700to 5800. so Watch whether 6050 is holding or not then only fast fall will take place.

Economic Education & Financial Awareness is Main Moto of This Blog Pl.Refer to Disclaimer.

ALERT ALERT ALERT (On 19th February 2014 N.S.E.(Cash) 6152. B.S.E. Close 20722.)

Now Nifty is heading towards very stiff resistance of 6150 to 6200. Present up move started from on Nifty 5933 /BSE 19963.Now we are at last leg of rally. After achieving above said targets Market may witness a sharp fall up to 5700 to 5800./On B.S.E.19300 to 19600.

Now PLEASE BOOK YOUR PROFIT AT EVERY RALLY. Who ever missed 23^rd January 2014 Top they should book profit over here be on cash this cash will be utilized when Market drifts down to 5700.level.

As per Time Cycle (Fibonacci Time Cycle) 19,20^th February 2014 is Important Turning Date. Here Market May form Top. (0n Nifty 6150 to6200)  So be Alert on Buying.

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Disclaimer:-  This is a Technical Analysis Study for Technical Analysis  Sudent. Base on this if any Market Buying, Selling is done and if there is any loss neither this write up nor Ashish Thakur held responsible for same. Pl.Note.