September
19, 2014
In 15th August, 2,014, Write up “CASH IS KING”
Projected 8,200 Top. Exactly on 8th September Nifty Hit High Of
8,180 and fall started. Nifty drifted down to 7,925.
Now in days to come 8,050 Workout as Trend Decider level.
Above which Markets will rally up to 8,200 or marginal new high of 8,300 to 8,350. From there Sharp fall up to
7,850 (First down target) and last up to 7,500—7,600 is Possible in the Month of
October & November. So Book Profit
at Higher level.
To Sum Up Keep an eye on 8,050 to 8150 level. Above 8,150
Bullish Up target 8,300 to 8,350. Below 8,050 Bearishness will start. Down first
Target 7,850 and second down target 7600---7500.
Ashish Thakur.
Columnist / HNI
Consultant / Faculty MBA Finance Technical Analysis
(Imp.Note.:-
This write up is for
information purpose for M.B.A, FINANCE students. On this write up if any STOCK
MARKET / Financial position is taken neither Ashish Thakur nor his write up is
held responsible for any financial loss please note. Please consult your
financial advisor before taking any position.)
