NIFTY: NDA in INDIA!

It is all in numbers, if you don't believe, you get Numb.

From nothing has changed view to ROME is not built in a day, from there, all is lost in a day, who moved my cheese, these were the news or experience one is sharing depending on which time frame, what commitment, what understanding, what faith one holds.

Leverage either financial or psychological pulls you down, in politics the psychological leverage always extends to your financial leverage. It is important to ensure that both don't seap one into another, in terms of decision making. This can blur your thoughts and actions.

The NDA stands now for Non-Disclosure Agreement, as no one is sure what is the compromise promises, that is being made. It is not to say this is bad or good. This in reference to the bends and trends from the path that is pencilled in before with the 350 Plus number. As simple as this.

In the longer run, the direction of the market no one can mute or mutate.

While in politics, when goes and sees how these combinations work, it is also important these combinations work there.

The channel is here for us as example.

1. The start of the channel, the rise fell below the top, then the fall below the midline, then the rise, the second time rise fell below the previous rise and the break below mid channel took to the lower end of the channel. Fairly normal corrective ascent.

2. Now we broke the mid line (relatively fierce), then yesterday rise, may be today rise too. the next fall can take below the mid line. Mark the channel keeps rising, which means the previous lows may not come.

3. The trouble is only if we move out of this channel, till then the channel is the path to pursue.

22500 break breaks some hope 22800 huge supply zone. It is not that all is over and we are back to where we are. It will take lot of time for market to re-assert. If 21500 is excess on the downside. 22500-22800 is the excess on the upside for the time being.

Daily close 22300 bears need, Daily close above 22800 bulls need.