It is now time to leave the EOD chart and move to weekly chart. The markings, that was done last week remains unchanged. . You can see that today NIFTY has closed below the last 3 weeks low. The 4th weeks low is at 4943. But the trend line is at 4980 (This week). Hence is NIFTY close below 4980 by tomorrow, you might see sub 4000 levels…
I had mentioned in my last ' Market Next Week" to sell cash stocks. Hope many of you would have heeded.
We have given the follow-up adjustments to the subscribers of out Low Risk strategy, which will enable them to freeze the near 7% profit they have made and to amass profits, in case of a crash. In short, they will not loose anything, but keep the existing gain, in case markets go for a strong rally and make profits and profits in case of a crash.
Additionally, we have already given to the premium subscribers, a premium strategy, who will have to keep a margin of littlie more than one futures. This is a high gain strategy with only peanuts to loose in case of an unexpected reversal. Even an upward circuit breaker (only dreaming) will not harm them. Of course it is an iron clad strategy for the loyal premium subscribers as they deserve it.
