MARKETS FOR 03 JAN 2013

NIFTY SPOT BREACHED 11 DECEMBER 2012 HIGH OF 6065 TO MAKE A NEW HIGH OF 6006 & CLOSED AT 5993 MUCH HIGHER THAN THE 11TH DECEMBER INTRADAY HIGH OF 5965 SPOT. THIS IS A MEGA BULLISH SIGNAL. CLOSE YOUR EYES AND BUY AND HOLD. JUST LOOK FOR AN INTRADAY DECLINE OF ABOUT 20 TO 25 POINTS FROM THE INTRADAY SWING HIGHS  OF THE DAY AND BOLDLY BUY FOR GOOD GAINS.

IN NEXT FEW DAYS SPOT NIFTY MAY MOVE UP TO TEST THE NEXT RESISTANCE OF 6181 REACHED ON 4TH JANUARY 2011. ON SUSTAINING ABOVE THIS CRITICAL LEVEL OF 6181 & AFTER A PAUSE THEREAFTER,  ONE CAN HOPE FOR 5TH NOV 2010 HIGH OF 6338 FOLLOWED BY ALL TIME HIGH OF 6357 SPOT BY THE BUDGET 2013. SO, MAKE FULL USE OF INTRADAY DECLINES TO BUY AND ONLY BUY.

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