Thursday, December 22, 2011

http://techniftytrader.blogspot.com/

http://techniftytrader.blogspot.com/

Can you please contribute your input to the following, so that it helps us have realistic target.

Now it is confirmed that Wave E completed @4532 and it has taken 9 trading sessions. So the Up move from 4532 is labelled as Wave F and it may be in the up move for 9 to 14 tradings sessions and possible target is 4986 say 5010 Tolerance limit). If NIFTY fail to cross 5010 then market may correct by about 980 points in less than 33 trading sessions.

Remember we already completed two trading sessions and we are 250 points away from highest possible target 4985 and the remaining trading session for this upmove to be completed is 7 to 12 trading sessions.

If market goes above 5010 then the target will be 5510 and time factor may be around 33 trading sessions.

Tuesday, December 6, 2011

FIRE- LONG TERM BUY FROM 2012

http://firecharts.blogspot.com/2011/12/next-bull-market-may-be-closer-than-we.html#comment-form

So we get 2 confluence zones of time. Another 4 weeks or around 10-15 weeks. That would mean either by first week of January 2012 or second-third week of February 2012. Third Week of March at most, but no more.

The correction is not over. So why post this article so early? Because I would like to invest in any fall now. The last part of a major correction is the best time and place to pick the cherries and enjoy the best the market can provide. Because, I believe that this is the best opportunity to buy for the next few years.