Dear Friends,
Today on 16 July 2008 at 9 am the last close of bse30 index is 12676 and nifty50 at 3861 - most analysts and brokers are shouting with OVERBEARISH VIEWS - even newschannels and their analysts and speakers from xyz companies and mutualfunds are hypnotizing the people -
Here is what MY VIEW IS,
After the panic of July 2008 - LOWER LEG doji month, we will have BULLISH AUGUST 2008 month - the signal of such uptrend will be any trade above 13461 for bse30 index in August2008-
ITS AN OPEN CHALLENGE to any bear - BULLCANDLE AUGUST 2008 -
Now in next two REMAINING weeks of JULY2008 panic bottoms can be - 12400, 12042, 11842,11691,11206,11308,10803 for bse30 index.
From TODAY 16 July 2008 onwards - BUY is my view.
Buy RPL 161 Rs
Buy RNRL 64 Rs
Buy Silverline 18 Rs
Stoch 21-3 weekly chart says go ahead and buy.
We will refer to this message again on 30 Sep 2008 and 31 Dec2008.
warm regards
Vipul Lashkari
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