Saturday, December 31, 2011
Sunday, December 18, 2011
Christmas is approaching , and as a ritual every year, lot of Traders are expecting a 'Santa' Rally . But instead of hearing Jingle Bells from Santa , I am seeing 'Sunami waves ' on the charts. I fear that Santa (Rally) may not keep it's promise instead we may see 4400 levels approaching soon and probably below .
In the last Post for this Year , let us objectively analyze and check the Technicals for what lies ahead -
Why am I Bearish and why 4400 levels is a high probability Target ?