Wednesday, June 16, 2010

Ready for Group Diving?

Yesterday I had anticipated fall of DOW and it did not happen. Let us look the chart with a different perspective.

 

Here, I have attached EOD charts of DOW, FTSE, NIKKEI and Hang Seng. Observe the similarity. Compare with the NIFTY Chart I posted yesterday.

 

Does not it look similar? It looks like the Smart Money is waiting for all these markets to get back to the top trend line before they do a Group Diving.  

 

Now, it is not late for you to “Be Safe”

 

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES