Potential HNS is appearing on NIFTY spot weekly chart which has neckline support near the areas of 5600. Areas of 5600 are also supported by horizontal support which suggests these levels as very crucial support on daily and weekly closing basis. As per chart provided above if nifty manage to settle below 5590 for 2 daily and 1 weekly basis then down move would extend towards 5327-5080-4945 zones. Stability above 5590 on weekly closing basis remains safe for bulls and it may witness a recovery after retest to June 2013 lows 5566. Indian economy is in worst conditions. RBI in its policy review has cut India's economic growth estimate to 5.5% from 5.7% estimated in May which is underlying bearish factor for domestic markets. Rising crude oil prices in international markets while domestic currency is trading at all-time lows is also a serious concern and would keep inflation on top and it would be a big challenge to maintain current account deficit to a sustainable level. Fundamental picture is also worst for domestic markets.
Success is not getting a highest paying job but success is when you get enough free time for yourself you can do whatever you want you can go wherever you want to go without concerning about your job and effecting your lifestyle. Generally people waste their early age in preparing for govt. Jobs and they put their energy and time for preparing job but among those only few people get the govt. Jobs and rest stay jobless with wasted time of 3 to 5 years of their graduation and mostly spend their life jobless or with mediocre salary. In India people In their early age after graduation don't have much pressure from family for earning and they usually use this time to prepare for competitive exams for job and take some courses and among them only few people get job and rest remains jobless and then they keep blaming the system for their unemployment. Let's take an example to understand magic of starting earning and saving in early age. Because in ea...
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