As I have indicated earlier from all my mails since 16th March, 2016, exactly 7635 is playing a very vital role...! ( Ah My God... from 7485 to 7635... !)
Once 7635 is crossed - be cautious & there could be a swift reversal towards 7300 once again, if 7675 is not withstanding ..!
If today's closing ( weekly closing for us ) is done above 7635 , we are heading towards 7800- 7885 zone....
Nifty is shifting the base from 7485 to 7635 zone...!
(similar to the one made from 7240 to 7485 earlier...!)
Or, there could be a minor consolidation upto 7535 to 7550 zone / up to our famous 7485 level & to bounce back again to 7635...!
There is no trading on Thursday & Friday... but SGX Nifty may take us to a new level , when we come back on Monday...! It is advised not to have single side ....!
Today either I am going to close the PUT option / go for CALL option for balancing the positions we have.....!
Indicators are giving clear positive trend - So, to confuse every one, a counter move in opposite direction is not ruled out......! Also, we are near to Expiry.... So, be prepared for the amusement park thriller...!
In my previous mail, I mentioned about my relative..... yesterday suddenly become ill again. Recovering and out of danger now , may get discharged today / tomorrow.
As we have the bank holidays for 4 days, I am trying to complete the transfers as much as possible today...! Let us hope for the best..!
In case of any urgent need - sms me...!
Rumours are there bank employees go for strike from Monday (28th ) onwards.... got a high level confirmation , that it is fake...! nothing to worry...!
Posting this article from mobile... not sure the format is aligned properly...!
Have a nice day... & My best wishes for Panguni Uththiram..!
With kind regards,