WHY? Its already up 186%

CFC and KK

when buy recos disappear and this becomes one of the most active threads, things are headed south.

Unfortunately the political climate is becoming noisy like we are approaching an election which is not the case,if the trend continues I forsee a very depressed market nearing 2017 or earlier with very disatisfied and angry mps and governers acrossboard

24yr NSE20 chart all the way from the 90s.

@mnandii @sparkly and @deal and other cartoon followers, have you guys come across this cartoon? Parabolic back in 93 - 94 spiked to 5000 levels. That was pure madness and the rejection (selloff) for 8yrs says so. NSE20 has always been unable to shake off 5000 resistance for more than 2 decades!? Everytime 5000 has been tested a large correction pops up.



But with TA levels pointed out, the long term (LT) cartoon shows a developing ascending triangle

If this LT cartoon forecast is right, the next rally after 5000 (very stubborn) resistance breaks that breakout will definitely be a multi year rally.