turning point.....turning time....??????

1) five day chart showing trend is changing and resistance near 2950 in all ways trend line, chnnel breaks etc.2)one more thing if we take 3240 to 2502 leg then 50 % of it is 2871 and 61.8% is 2958 and resistance is at same level.3)another point is that nifty is trading below 20 dema since 26 august @ 4535, it only crosed twice after that till 12 dec. it was just for 2 days above 20 dema since 26 august. 4) on sensex from 10945 to 8316 fall ... 50 % is @ 93630 and 61.8% is 9940. it has gone up to 9745.5) generally up rally is for 4/5 weeks from 2502 coming week is 4th weekso i think now it is turning point.

8300........

If oct 27 closing basis low protected then fall may stop here else nwo low.

on sensex support expected @ 8300.

no fresh shorts if 2520 on sensex maintained.

now end of rally

I think today or tomorrow might be the last day of this rally. we will go to 9200/8800 on sensex and this will be higher bottom at least for time being.
in this rally i was shorting with every 100 points in nifty .