20/06/2013 Thursday
Hi,
Today is Gann Turning Day. It's OP will be important in the context as NF trading > / < it's OP decides the intraday sentiments and so will it's CP.
In times of Big Bang News, charts always fail to give a clear picture, so during News Time its prudent to be on the sidelines and wait for the dust to settle and then you all the time to hunt the prey of your choice / choose your kill.
For the rally to continue
- 5617 should not breached on the lower side
[*]5936 should be breached on the higher side.
As at the time of this writing Big Bang News is Central Bank may start reducing bond purchases later this year and end them in the middle of 2014 if the economy continues to improve as the central bank forecasts.
Lets see what happens to our Indian market...
Bye