8 Apr – Nifty and Dow Jones

NSE:NIFTY   Nifty 50 Index
US Market was down significantly on Friday, but SGX Nifty is down only 37 points.

Any gap down which happen till 12th Apr is NOT going to sustain and Nifty + BN will keep pushing higher.

A comparison between Nifty and Dow Jones is in charts. Above is Nifty chart and DJI has been posted as a separate idea here. Both charts are self explanatory.

Some people past week had asked me on a few stocks. They can analyze it by themselves in a similar way. If since 23 Mar stock is performing similar to or better than Nifty , its worth holding. If its sideways or going down, its NOT worth holding.
Comment: Song for bears to sing:
Bearish armaan aason main bah gaye....
Comment: Kindly exit all positions here.
Comment: We might go long again at 13:31 today.
Comment: Exited at 25% and 123% profit!
Comment: Breakout guys! Please buy Nifty Apr 10300 CE and BankNifty 12 Apr 24900 CE
Comment: Bought at 185 and 245 resp.
Comment: Set TSL at 145 and 190 resp for Nifty Apr 10300 CE and BankNifty 12 Apr 24900 CE
Comment: Just hold patiently, stay long, by tomorrow we will be benefitted in this long position too!
Comment: Please carry forward the long positions. All other TAs have got it wrong and market is busy punishing them!
Comment: Where was Dow Jones and SGX Nifty in the weekend? And what is happening?? What makes the market move in a certain way despite all global cues and news??? Do you know????


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