Tuesday, February 8, 2011

The Bulldozer in action

Look at the NIFTY EOD chart attached. The 5400 region which resisted from June to Aug, 2010, broke down like butter… Or rather the Bulldozer in action.

 

I have marked these with arrows to show you.

 

This clearly show the Real Bear Power.

 

It makes me think of the possibilities beyond 5000. Of course, I have the potential values beyond 5000, earmarked. But it is too early to jump the gun

 

 

 

 

 

 

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