Wednesday, July 9, 2008

Bull Market Trendline of 2004 Back - Anil Gandhi

Nifty has landed at a key trendline support which has been supporting this bull run for the last 4 years. So it will be tough to break this support now, with signs or order returning back to the global markets.

Crude is ready to Top Out, and USD is about to start its bull run. Dow is almost bottoming out. Nifty on a weekly basis does not have reason to break the trendline so soon, so fast.

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