Be the first one to know everything about the market. All the major levels of Nifty have been reached. All the levels were informed well in advanced to all the viewers of this blog. The traders and the investors who have not followed the levels are stuck with the stocks and they need to keep those stocks for atleast 4-6 months so that they can sell.
ALL THE VERY BEST.............
In the last few blogs i have been writing about all the major rest and the support levels of the Nifty. Today Nifty has closed below the major support level of 4650. Today as soon as the Nifty started trading below 4650 we all have seen a major short built up and many SL trades happening. The viewers who have read all my recent blogs might have definately kept their position light. I have clearly told u about the Lower top and lower bottom formation pattern and that will take Nifty till 4650.
Nifty close below the 4650 levels, can come down to test 4450.......... Clearly mentioned " NO TEJI" till the Nifty close above 4910 levels. Petrol prices hiked by Rs. 5 per lt. Diesel by Rs. 3 pl. LPG by Rs. 50 per cylinder. Custom duty on crude and petrol cut by 5%. Excies duty reduced by Rs. 1. Revenus loss due to duty cut around Rs. 220 bn. Oil Co. expected to gain Rs. 382 bn by price hike. Under recoveries of the OMC's expected at Rs. 2453 bn with oil price at $ 130/barrel. Price increase will lead to northward movement of inflation by 50-65 basis points. Inflation likely to be around 9% in the coming weeks.
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