MARKETS FOR 7TH DECEMBER

INDIAN MARKETS ARE EXTREMELY BULLISH.  JUST PRAY FOR A DECLINE TO BOLDLY BUY AND ADD ON TO THE LONG POSITIONS FOR GREAT GAINS IN NEAR FUTURE. EXPECT ANOTHER GAP UP ON FRIDAY & IN CASE GAP UP IS NOT THERE THEN WAIT FOR AN INTRADAY DECLINE TO BUY & BUY ONLY. AS LONG AS NIFTY FUTURE IS ABOVE 5944 BUY ONLY WITH AN INTRADAY STOP LOSS BELOW IT TO REVERSE FOR SHORTS. SIMILARLY ON THE HIGHER SIDE NIFTY FUTURE TURNS MORE STRONGER ABOVE 5999 TOWARDS 6013 & 6025 OR HIGHER LEVELS. FAILURE ON THE PART OF NIFTY FUTURES TO BREACH 5999 OR 6013 CAN BE SHORTED  BY HAVING REASONABLE STOP LOSSES FOR QUICK INTRADAY GAINS. NIFTY FUTURES MAY APPROACH 6300 IN NEXT FEW WEEKS ONLY, EITHER  DURING EARLY JANUARY 2013  IN CASE  IT DOES NOT COME BY END OF DECEMBER 2012.

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