We had a target of 6k on Nifty for a quite some time....and was - TopicsExpress

We had a target of 6k on Nifty for a quite some time....and was done on wednesday....What next? We feel that Nifty has some more juice left and is heading towards 6140/6200...I am personally betting on 6200, But Strongly believe that broader trend is down and I feel US markets also entered bear markets, so try low risk longs but be positionally negative biased Thats what I can Say.......6300? See, if Nifty crosses 6300, it will prove Technicals the other way round...But its market and can do anything...For Markets, they have its own sense and Fundamental/Technical analysis is nonsense for it....Being a trader, we follow what Nifty is giving message to us...In our opinion, Nifty is in Bear market and has to falllllllllll, but these kind of corrections in downtrend do occur and we need to have patience to find suitable levels to sell

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