Will DOW see another 1929 Crash Again :-
Yes the current chart of Dow along with 1929 looks similar. The chart superimposes the market’s recent performance on top of a plot of its gyrations in 1928 and 1929.
Dow over the last two months has continued to more or less closely follow the 1928-29 pattern outlined in that two-months-ago chart. If this correlation continues, the market faces a particularly rough period later this month and in early March.
>>> NIfty - As Updated on 05th Feb, 2014 <<<
>>> Click the chart to see on full screen <<<
We have a Buy call on Nifty from 6005 onwards. See what happened.
>>> Happened and Yet to <<<<
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100 hma resisted. Nifty done 2nd Target. Now if 100hma able to hold and cross above may test 6131 resistance.
>>> Bank Nifty - As Updated on 05th Feb, 2014 <<<
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Bank Nifty Crossed our Key Resistance 10321. We are long from 10,000 and 10200 onwards.
>>> Happened and Yet to <<<
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Bank Nifty crossed 10321. If able to cross 100hma then more upside left. Minor break also seen on chart.
>>> CESC - As Updated Yesterday <<<
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CESC wrote Yesterday about the possible fall - as it broken the Head and Shoulder. See what Happened.
>>> Happened and Yet to <<<
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Yes, Good fall as expected. Made a Profit of 20,000. Expect more fall also.
