NIFTY:

The Market is balanced because few are Bearish and few are Bullish ,Its not possible that at same time all are going to be Bullish or Bearish ,Its also not possible that every one is going to make a profit from the market .So U don't have to criticize others (Traders/TA/Astrologers) to appreciate urself.

NIFTY: Still its looking that NIFTY is in a-b-c correction only, SENSEX had breached the trend line but NIFTY  is still siting at the trend line support ,so there is higher chances of bounce back ,Keep 18000 as strict STOP for ur longs ,US market is showing good weekly positive divergences and i m expecting a bounce in US market for 2-3 weeks before some more pain in the market ,So use all rally to exit ur all holding .
R.K

HAPPY DEEPAWALI :

On the auspicious day of  DEEPAWALI  . Wishing you and your family  Success , Happiness & Prosperity . HAPPY DEEPAWALI .

NIFTY UPDATE: 05 NOV 2012

NIFTY : Last week on 30th OCT  I already mentioned to start buying in small quantity some good high beta stock and NIFTY, May be we won't go below to much right now, don't go long heavily ,now every one is asking how far we will go,Use every dip to buy for the defensive target of high above 5815 NS,and i will try to exit near upper trend line which is 5865-85 NF.May be there is high probability that we can reach the target this week.So again I m warning at higher level ,don't expect too much from NIFTY. I m expecting a bounce in the US market and USD/INR .so trade safely .not much more to write .

R.K.