NIFTY: The Dice is thrown, no longer Dicey!

NIFTY: The Dice is thrown, no longer Dicey! Nifty 50 Index NSE:NIFTY sreebhashyam It was feared, it was told, it is not admitted. That simple. A warning given three times gets a reality check! That was very much in the news. But when it comes to wave 5, few like to listen to those wisdom shots. It happened every time! Finally bears throw their towel, bulls search for the door. Good results hold minimal green, were excessive, sold heavily. One can pull the example of SBI and LNT. Bonus, dividend, could not save any better, take a look at BPCL HPCL (not our long-term bear path, they are far better off to hold). One should have thought Pharma is safe as defence, look at the Reddy's Cipla and Lupin. Out of the Indexes, namely NIFTY, BANKNIFTY, CNXFINANCE, NIFTYNEXT, NIFTYMIDCAP. Nifty is the softest. Pick that. The conglomerate which is and was in political debate, looks set to go South to Conquer. What then next, today is Friday and lots of bags to buy the dip are sure to emerge. That is a alive leaf for those who would like to unwind. Make no mistake. Then where are we heading. 21800 is the bandwagon place, all will join. While 21200-300 is where peace gets a chance. Shall we say 21400-22400 larger range. Shorter range 21600-22200. Supports 21930-21880-21850 Supply 22050-22080-22130

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