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BSE Sensex :Below 17897 ,My target-17448-17298
-Above is the Daily chart of BSE -SENSEX.
-Just see IN 6 days crashed by 428 points after hitting a high of 18047.
-Look at Negative Divergence on RSI (Same u will see in Nifty Future chart too )
-MACD is in sell mode.
-Just remember these levels :Crucial support for Sensex -17748-17298.
-In this fall it will try to kiss these levels.
-Suppose break and closes below 17298 level for 3 days then Iam expecting slide to continue and panic can take Sensex upto 16849-16699 level.
-Above levels are valid till Sensex not crosses 18047 level.
-101% No need of Watch Blue Channels or Read Pink papers and Pay money for Subscription.To know trend and levels for Sensex and NF ,I will do free of cost in this Blog only.
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Updated at 7:17/16th April/Baroda
Ignorance
Ignorance is not knowing something; stupidity is not admitting your ignorance.
India -Deficit fears
Daniel Tenengauzer, co-head of global emerging markets fixed income strategy and economics at BofA Merrill Lynch Global Research, is not convinced by the buzz surrounding India. ‘Compared to the rest of Asia, India is not the best story.’
‘My problem with the Indian story is fiscal. The government spends a lot of money which has increased the country’s current account deficit. The fiscal deficit for this year is -10.6% – China’s is half of that.’
Perfect 10
On 11th Sept’09 ,I had written about Base Metals ..just click here and see
On 17th Sept’09,Written not to touch GOLD and Don’t hold long in precious Metals….u don’t believe …click here
On 21st Sept ’09 ,written about Natural Gas ..Don’t miss to read …click here
On 21st Sept ’09 written about S&P 500 ,No Magic No Miracle………..yes it had crashed :Click here and see
On 21st Sept ’09,I had written about Shanghai Index and just see in last 4 sessions it had crashed again…look here to BelieveOn 22nd Sept ’09 written boldly that I expect crack in Crude oil….for these type of forecast u dont have to pay money to Jokers ,I will write free…click here
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EBITDA in Perspective -100% USELESS
