THE MARKETS ARE MOVING EXACTLY AS PER THE WEEKLY ANALYSIS GIVEN FOR THE WEEK ENDING 14 SEPTEMBER BELOW. THE RELEVANT ASPECTS OF MARKET MOVEMENTS FOR THE WEEK ENDING 14TH SEPTEMBER HAVE NOW BEEN HIGHLIGHTED FOR READY REFERENCE. NIFTY AS PART OF THE MONSTER 3RD UP WAVE WILL MAKE A NEW LIFE TIME HIGH ABOVE THE EARLIER HIGH OF 6357 MOST LIKELY BY END OF THE CURRENT FINANCIAL YEAR IF NOT AS EARLY AS THIS YEAR’S DEWALI OR NEW YEAR EVE. SO, LIKE IT HAS BEEN SAID MANY A TIMES IN THE WEEKLY ANALYSIS, JUST LOOK
MARKETS FOR 14TH SEPTEMBER
THE MARKETS ARE MOVING EXACTLY AS PER THE WEEKLY ANALYSIS GIVEN FOR THE WEEK ENDING 14 SEPTEMBER BELOW. THE RELEVANT ASPECTS OF MARKET MOVEMENTS FOR THE WEEK ENDING 14TH SEPTEMBER HAVE NOW BEEN HIGHLIGHTED FOR READY REFERENCE. NIFTY AS PART OF THE MONSTER 3RD UP WAVE WILL MAKE A NEW LIFE TIME HIGH ABOVE THE EARLIER HIGH OF 6357 MOST LIKELY BY END OF THE CURRENT FINANCIAL YEAR IF NOT AS EARLY AS THIS YEAR’S DEWALI OR NEW YEAR EVE. SO, LIKE IT HAS BEEN SAID MANY A TIMES IN THE WEEKLY ANALYSIS, JUST LOOK
MARKETS FOR 13TH SEPTEMBER
NIFTY AS PER THE EXPECTATIONS REMAINED BULLISH AND MADE A HIGHER HIGH AT 5435 , HIGHER LOW AT 5394 AND A MUCH HIGHER CLOSING AT 5431 AROUND THE HIGHEST POINT OF THE DAY. THE EARLIER MENTIONED MONDAY’S DOJI HIGH OF 5275 PLAYED THE TRICK OF CATAPULTING NIFTY SPOT TOWARDS 5435 AND TUESDAYS OUTSIDE BAR LOW OF 5332 WILL BECOME A STRONG SUPPORT FOR NIFTY IN MAINTAINING THE UPWARD MOMENTUM. AS LONG AS SPOT NIFTY DOES NOT CLOSE
MARKETS FOR 12TH SEPTEMBER
AFTER THE INITIAL HITCH DUE TO THE DOW INDUCED NEGATIVE OPENING OF SPOT NIFTY AT 5336 ON TUESDAY, TO FALL TILL 5332 MUCH BELOW THE MONDAYS MINI DOJI LOW OF 5349 & THEN SHOWING A REMARKABLE BOUNCE LATER IN THE DAY TO RISE TO A DAY’S HIGH OF 5393 TO CLOSE THE DAY AT 5390 THAT TOO MUCH ABOVE MONDAY’S DOJI HIGH OF 5375 & ABOVE THE DAILY PIVOT IS A MEGA BULLISH SIGNAL
MARKETS FOR 11TH SEPTEMBER
THE FEAR OF 9/11 WILL HUNT THE MARKETS IN USA FOR TWO TO THREE DAYS FROM 10TH SEPT TILL 12TH SEPTEMBER AND ALL THE NEWS EVENTS TO BE ANNOUNCED IN USA WILL BE NEGATIVE FOR THE REST OF WORLD MARKETS. SO THE RISE WHICH ONE HAD SEEN ON FRIDAY AND SATURDAY IN INDIAN MARKETS OR THE RISE OF REST OF THE WORLD MARKETS ON FRIDAY & MONDAY WILL BE COMPENSATED BY THE MAFIA
MARKETS FOR 10TH SEPTEMBER
NIFTY BEHAVED EXACTLY AS WAS WRITTEN DURING LAST FEW DAYS AND TESTED THE 50% RETRACEMENT LEVEL OF 5240, THE LOWER BOLLINGER BAND AROUND THE BASE OF THE UPWARD LOOKING CHANNEL AT 5215 TO SHOW A REMARKABLE BOUNCE FROM THE LOW OF 5215 TO BOUNCE AND CLOSE AROUND THE SPOT NIFTY LEVEL OF 5359 ON SATURDAY. THE BIG GAP UP ON FRIDAY INDUCED BY THE FAVORABLE OUTCOME OF ECB THAT PUMPED DOW SOARING TOWARDS NEW HIGHS, SAW INDIAN
MARKETS FOR 7TH SEPTEMBER
NIFTY ON THURSDAY MADE A LOW OF 5218 JUST ABOVE THE WEDNESDAY’S LOW OF 5215 AND ALSO MADE A HIGHER HIGH AT 5261 & ALSO A HIGHER CLOSING AT 5240 ABOVE WEDNESDAY’S CLOSING OF 5226 SPOT. THIS HIGHER LOW, HIGHER HIGH AND THE HIGHER CLOSING ON THE AUSPICIOUS THURSDAY WAS PERHAPS THE INITIAL INDICATION OF WHAT IS IN STORE FOR NEXT FEW DAYS .THE ENDING OF ECB THAT HAS BROUGHT GREAT CHEERS FOR EUROPEAN MARKETS & DOW WILL HAVE
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