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Hello friends,
Nifty spot broader view for next few months of 2011:(I am giving it because I willnot be available for 2 months,do your research before following me because I may be 100% wrong,I stated it as "100% wrong" because "no one can predict Financial markets of world specifically The Great Indian Market")
Watchout [5895-5945] zone or 5874 which is 1.618 times of [5177-5608] for a reversal of uptrend towards [5672-5700] or Monthly pivot for April (Nifty spot)=5685,if nifty holds 5685 on "weekly basis" then Nifty will resume it's uptrend to scale new high towards 6064/6169 and from there I expect a fall of 1161/1878 points in Nifty spot towards [4903-5008] / [4186-4291].
Kindly do your own analysis before following me.I am again stressing this because "it is very hard to predict for the whole 2011 and Nifty is a dangerous bull/bear to contain within my specified targets"
This message was posted on March 31st 2011,Nifty spot got resisted exactly at my resistance range of (5895-5945) and now coming close to my support range (5685-5720),if nifty spot sustains above 5685 on weekly closing basis then we may expect a sharp bounce back towards 6000+ targets,orelse we may see a sharp slide down.so watch carefully 5685 (Monthly pivot-nifty spot).
Happy summer holidays.
Thank you Mrs GV for your levels.
Nalla katchiya, nalla vetpalara parthu ungal vota podunga. 
Hello friends,
Nifty spot broader view for next few months of 2011:(I am giving it because I willnot be available for 2 months,do your research before following me because I may be 100% wrong,I stated it as "100% wrong" because "no one can predict Financial markets of world specifically The Great Indian Market")
Watchout [5895-5945] zone or 5874 which is 1.618 times of [5177-5608] for a reversal of uptrend towards [5672-5700] or Monthly pivot for April (Nifty spot)=5685,if nifty holds 5685 on "weekly basis" then Nifty will resume it's uptrend to scale new high towards 6064/6169 and from there I expect a fall of 1161/1878 points in Nifty spot towards [4903-5008] / [4186-4291].
Kindly do your own analysis before following me.I am again stressing this because "it is very hard to predict for the whole 2011 and Nifty is a dangerous bull/bear to contain within my specified targets"
Pradeep ji,
Just look at nifty spot's swing high (5944.45),it doesn't breach my resistance range top of 5945 and started to fall,now my target for this downmove I already gave between (5672-5700),now I will give the intermediate targets (5804/5778/5749/5717/5688) from where you can see nifty spot taking support for the final upmove towards 6181.
Keep closing sl for nifty spot at 5685 (weekly close) and buy on dips for ultimate target of 6181.(Buy only after previous day's high is broken)
This week nifty formed a "shooting star pattern" in weekly charts which is a bearish sign (keep this in mind).
Regards.
From : Mrs Gopal Vadivukkarasi at 07:40 AM - Apr 07, 2011 (8 hours ago)
Nifty spot getting heavy resistance at my range of 5895-5945 (yesterday made a high of 5944.45 and crashed),If nifty spot sustains below 5916 today we might expect a slide towards 5LEMA at 5820 and weekly pivot at 5780.Intraday support is at 5860.Intraday resistance at 5916.
Todays Nifty made a low of 5866 and High of 5906, Exactly between support and resistance of Madam. Simply Great.
thank you for the levels madam,
and best wishes for your holidays...
Hello friends,
Nifty spot broader view for next few months of 2011:(I am giving it because I willnot be available for 2 months,do your research before following me because I may be 100% wrong,I stated it as "100% wrong" because "no one can predict Financial markets of world specifically The Great Indian Market")
Watchout [5895-5945] zone or 5874 which is 1.618 times of [5177-5608] for a reversal of uptrend towards [5672-5700] or Monthly pivot for April (Nifty spot)=5685,if nifty holds 5685 on "weekly basis" then Nifty will resume it's uptrend to scale new high towards 6064/6169 and from there I expect a fall of 1161/1878 points in Nifty spot towards [4903-5008] / [4186-4291].
Kindly do your own analysis before following me.I am again stressing this because "it is very hard to predict for the whole 2011 and Nifty is a dangerous bull/bear to contain within my specified targets"
There is a delay in my departure to my native place because I need to pole my vote in the election in Tamilnadu here at my husbands residence.This message was posted on 31st March.
Nifty spot getting heavy resistance at my range of 5895-5945 (yesterday made a high of 5944.45 and crashed),If nifty spot sustains below 5916 today we might expect a slide towards 5LEMA at 5820 and weekly pivot at 5780.Intraday support is at 5860.Intraday resistance at 5916.
come back soon happy vacations
Happy Gudi padwa
come back soon, happy vaccation,
all will miss u a lot
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