Next Week

Next week...is going to be very much interesting....breakdown or intermediate reversal...

Index is in crucial juncture....(Deciding factor)....

Waiting for the entry...

It has to happen next week .....

Reliance

Reliance weekly close below 1007..... further week...

This week...1007 will act as crucial level...

Why because.....see (below chart) Maruti breakdown below 7952....1000 points fall...

Cheers...

Monthly Breakdowns - Interesting

Historical Chart from 2006 to till date.

Based on cyclical pattern...after breakdown.....minimum 15% to 30% fall has happened in the past...

Now...nifty is going to close below the breakdown level 10263....(if closes below 10263)

Will nifty fall another 10 ~ 15%.....from 10130....i.e...8700 level....?  (bullbacks are there always...but...not closed above previous candle high in all the sequences)

This is my observation for knowledge and study purpose

Let us see...how market behaves....

Previous sequence and present 

மரியாதையான குடும்பம்

"மரியாதையான குடும்பம் என்பதால் விமானம் தயாரிப்பதில் அனுபவம் இல்லாத ரிலையன்ஸ் உடன் ரஃபேல் ஒப்பந்தம்"  - DASSAULT  CEO...

மரியாதையா....then we have to get out of Reliance Infra also.......

மரியாதையா 180 க்கு வந்தா வாங்கலாம்...