Monday, September 22, 2008

Back to Pavilion - Anil Desai


After the falling house of cards and the rally thereafter many traders are confused. As mentioned in the post of September 19, Nifty future did a double century but as mentioned the rally could not be trusted. The Nifty slipped again today.

Tomorrow i. e. on September 23, Nifty is expected to go down further. Where is it heading? My view is 3500 or 3300 in a month or two? Well, only God knows for sure. Keep praying that the approaching Diwali will be brighter, else many will not light the diya this Diwali.

Note: The attached chart is for long-term investors.

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