- Refer my posting “ Market Next Week”
- Refer my posting today morning, and the one yesterday, where I mentioned about the global crack.
You are witnessing it now.
Now what?
Look at the NIFTY weekly chart attached. You can see that NIFTY has closed below the bottom trend line “BT”, as expected in my Market Next Week. Of course, as on today’s close, it “somehow” managed to close above 4800, giving an “illusion” that it is taking support at this area. The weekly chart attached clearly shows that it is an illusion and you have just entered the war zone.
The rest of the week is more than likely to be with lot of causalities, unless some positive factors trigger it back.
