Take it Easy.

The Nifty spends time in a trading range, 2875 to 2700 (or 2760 if you look at a smaller range). A move out of this range should give some rewards to traders.

Optimism in the air ?
An interview with Charles Nenner (a Dutch academic) should be good news for bulls. He predicts the S&P to rally to 1000 by mid Mrch. He alsos ays that the bear cycle is bottoming out. When asked by CNBC America on how accurate his forecasts are, he said 100%. The anchor asked him: “In that case why do not own the world ?” Mr Nenner answered: “Because I am not American, I am content to do research”.
“Experts predict Monster Rally (Thanks to kirkreport.com)
Before you get carried away, do a google search on Charles Nenner (his website is charlesnenner.com):
Here are one comment: Not Happy

My Notes: You need to develop your own instincts and styles for trading. Following an Guru (any one, including yours truly) will not be rewarding.