S&P 500 look strong and corelation with nifty

s&p 500

S&P 500

(Not closing below 1185)

If closing below it… create problem…

Over All Trend up

Short Term: Strong up Trend

I think… rally can be up to 1200-1220 soon

If closing 1184 above… then more rally 1225-1237

(Good co-relation with Nifty)

Suppose … happen it… Nifty can move 5280-5350-5400 soon

Dow Jones

Think to Start blood from 11200—11300 (Strong Resistance)

Non-Stop fall 10880/10696/10550

Major Support 11000 if close below it… ready to see non-stop fall…

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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