Market Next Week.
Fasten Your Seat Belts
As explained last week, NIFTY dropped more aggressively last week. This week too, you may expect market to fall as if like vengeance. The most critical point to watch is 4800. This is where next week, the bottom trend line BT meets. If this is breached, you will see an avalanche, which is most likely. So get ready to “Witness” it. The next support (on weekly scale ) to watch is 3900-3800 level, which I expect by Jun 1st week. From where, you may find a quick “retracement.”.
The gap “X X” shown is a place where the real “Short Circuit” can happen. If NIFTY comes a bit more closely, you may find the
www.ftalarms.com has, well ahead given a short signal for NIFTY and Stocks and the subscribers are sitting on high profits.
