Nifty Trend Finder

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Tuesday, January 22, 2008

Is correction over?????

Hi,

Okay, we saw downfall which never happened in India. In 1929 Dow felled like this and then made new highs. So, its time to buy your stock. I don't think that to-day's law is going to violet easily. To-morrow I expect a smart recovery. There is nothing much right now.

In my last post I hinted that we are in correction, but, it will be so steep, I never thought.

As, I told earlier that sensex is moving in channel since 2004. today it touch lower line and manage to close above that. We can see some investment buy to-morrow. There was a very strong support of Nifty at 4450-4500 and did hold. It seems right now that worst is over and the process of becoming India No. 1 in whole universe has began.

Good Luck

Kailash Pareek (johnny)
09864030931

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