BSE/NSE-Asethi6july2k5

BSE INDEX : For this month of July'05 , Two consecutive close above 7211 will take Sensex to 7400 , 7501 or 7680 level !!Support exist at 7020 , 6950 level.
2nd probability
The level of 7260 is LAXMAN REKHA , if sensex closes above this level on Weekly closing... then we are heading towards to 7930 or 8150 level in next 3 months !!
*And if not able to close above 7260 level..... then expect a complete correction from 6118 to ??
*We are intact with our levels of 6000 , 5300 level.
*We know , Jokers are laughing.... but we don’t care.
*What people had not earned in this rally of 6000 to 7200 level , they will lose double..... remember today date , everything take time.... so have patience.

From 6130 level... Just see Sensex chart.... already 3 GAPS you can see and now we are waiting for Exhaustion Gap...... and this is the 4th gap and there after free fall will start.


*Just check gaps....... and write down the figures.
*Expanding triangle on chart.... will bring bad NEWS.
*People will lose their shirts , pants and everything...... (Have patience)

Yesterday was the first day , you heard and seen BAD NEWS !!Index will crack very heavily..... Fools and Idiots... please ignore this statement. (But yes , we like Critics)
Yesterday after hitting a high of 7309..... it closed with panic @ 7220 level.
For Today's trading.... the levels of 7235 , 7240 are resistance. If crosses then expect a level of 7260. On downside it can slide to 7183....... last hope for Bulls !!Break below this level and stays for 5-10 minutes then expect vertical fall up to 7155 level.
*Final round of OVER STRETCHING is going on........ We are intact with our view , This is false move in Sensex... it will slide to 6000 , 5300........... !!(Just wait and watch)
*Please look @ weekly RSI............... !! (Now check daily RSI too)
*More details and intraday movement trend for OLC !!

NIFTY FUTURE : For this month of July '05... Where will it go ???Join us as our OLC and get intraday levels and mint money.
From last 4 days....... Distribution going on ???
Yesterday in this column it was clearly mentioned that if NF crosses 2226 level then only it will show power.... Now see it kissed 2228 for less then 1 minutes and start tumbling.... Below 2213 it was vertical fall.
*Now , What else u want in life ??
*Should we send you MO at your place ??
*Read between the lines...... to earn money.
For Today's trading.... It will face hurdle @ 2204 , 2211 level. On downside it can slide to 2190 & there after expect real panic up to 2181 , 2179 in hours only.