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Today's Market
Bank Nifty opens up with a gap!
10 Oct 14 07:18 AM

Most of the street analysts do not understand the undertone of the market.  

Take for example the Economic times. Towards the last week of September Economic times carried interesting information on Bank Nifty and they informed their readers that Bank Nifty would crack down. Here is the proof for it.



http://articles.economictimes.indiatimes.com/2014-09-25/news/54318174_1_august-series-september-series-rollover


In this news analysis they warned their readers that October Nifty series would remain bearish and volatile.  Such kind of misinformation is too bad for the trader's Financial health. We have to blame not only the media but also the investors for having subscribed to such news. Many analysts and media continuously post wrong information which destroys the wealth of Indian traders.

The only answer to the make wealth is to read the daily newsletter of Wealthbull.  In our yesterday’s morning newsletter even before the morning bells  we wrote” We expect a bullish week ahead and in the past week the market witnessed lackadaisical movement mainly owing to the absence of  the big bulls who had gone away owing to a longish holiday. Let us welcome back the bulls and let us check how to profit from it. Right now it appears bank nifty has bottomed out. This could have a very big impact on Nifty.”

At the end of the day we were proved right. It is good some of our members profited from our newsletter. As predicted the Bank Nifty went up sharply by more than 400 points and interestingly it opened with a gap but had given good opportunity to buy at lower levels.  In fact in yesterday’s newsletter we never gave any stop loss and stressed that it has bottomed out at least twice in our newsletter.


We request our members to spread about our service and subscribe to our free newsletter immediately.

Next week we are having a webinar and our office is back with full strength.  We would find some more opportunities for you in the next week. For the time being we would like to enjoy our big bang bank nifty.

 

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