Last post we advised to buy nifty above 5470 levels,we still maintain it,yes nifty breached other crucial support 5400 support to two three trading days.But what we see is sell in individual stocks in NIFTY than selling NIFTY FUTURES. If you look leading indicators of SENSEX & NIFTY trading in record lows.Here i add SENSEX WEEKLY Chart for a clear View.500-600 point rally in SENSEX in this or next week is quiet possible.
Sensex gives early BUY & SELL signals ,look this weekly chart from 2008 low.(See black markings)
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