Nifty : Notes, Votes, quotes n More...Good Morning Guys :) All of you are so pumped up & watching a Nail bitting finish in U.S elections then suddenly our very own PrimeMinister Modi came in & changed the scenario with surprise twist by banning 500 & 1000 rupee note.
We have lot to discuss today, why discussion not analyzing of charts ?? Well, Check out previous chart friends, We are screaming " Nifty Down Down " for many months, Even in my last AxisBank post in comment section I mentioned Nifty to make a move down (Monthly chart). So don't say that we didn't see that coming :)
With Descending Triangle Breakout we already knew Nifty is going to reach 8000's, this huge breakout around (8200 & Market yet to open) is just checkpost to reach 8000. We already predicted this 5-6 days before in our post, check target for triangle you will get 8k's as simple as that. These news events are just factors or trigger events to achieve what the market shows us, as Patterns.
Hillary vs Trump - Not My Problem or Your Problem. Life will go on, so skip it.There is nothing to discuss. Stumped with one-liner finish ?! Yeah ! Not Our Problem, Realize it !
Currency Notes - Its Bold n well-thought out move. Except Modi, I don't see any politician who is strong enough to take bold decisions & I'm not at all Modi or BJP or Congress or xyz supporter. I don't like politics but will always know what is the politics going around Me n in My country.
I will type more later after posting.. bcos markets will open...
