May be some bulk selling could have caused that ripple.. and now nifty back to 5477, and now i see that the trade sentiment index has turned positive..
Expiry day..... NS has touched 20 EMA today....dow would be flat .....asia will be flat....flat opening tomorrow........technically it seems NF can bounce due to 20 EMA......but gut feel says it can crack.....either way is ok.
5460 has survived again, almost the tendulkar of the rally. :lol: We are oversold and most likely to bounce ,given a favorable global market scene, would be nice to see some big hits tomorrow.
These experts seem to change their opinion every other day. Lets take it with a pinch of salt. Just yesterday there was another expert saying there was no risk of a douple dip, what ever that means I enjoy dipping my biscuit in my chai 2 to 3 times...:rofl:
Then Certainly its not Double dip, when you do it thrice.. the more times you dip.. the weight on biscuit increases.. and it is sure to fall in to your chai.. like nifty..
The problem is you could "guess the bottom" in your biscuit, (bottom of the tumbler ) when it falls.. but can not decide upon where the BOTTOM WOULD BE when it begins to fall