Said on Sunday 22nd June, 2008:
"Point to Watch: 4340.6
Support : 4340.6, 4318….4254, 4227…
Resistance: 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)”
- Could not sustain above 4340.6 crossed it only once that too opening of the week basis.
- Imminent crash as per my Point to Watch Theory – new recent Low formed @ 4093.2!!!Conclusion: A week which showed that if the Point to Watch is not crossed – the markets go down!!! Readers who followed this may have gained!
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