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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"
Above message was given some 4 days back,Nifty made a high of 5901 which is inside my trend reversal zone,so be extra vigilent on longs,another crucial trendline resistance is at 5932 spot.
mam,
your advices are like tonic. very useful guidelines and shows the way to take decisions.
thans lot mam
Crucial intraday resistance for nifty spot is at 5843,if crosses this barrier nifty will hit day high.
Crucial intraday support for nifty spot is at 5831,if breaks this support nifty will hit day low.
After breaking 5831 nifty spot,it fell to kiss day's low,now 5843 nifty spot will act as resistance for Monday,square your longs and wait on sidelines.
Entry at right time madam NIFTY mas made a day low after your post madam, In profit with your post thanks a lot madam and keep up the post alive ................
Crucial intraday resistance for nifty spot is at 5843,if crosses this barrier nifty will hit day high.
Crucial intraday support for nifty spot is at 5831,if breaks this support nifty will hit day low.
ooh what a sigh of relief seeing your message...
seems we were lost in the sea and now we see the lighthouse....
welcome after a brief break
MAM
WE ARE MISSING YOU A LOT. HOPE YOUR KIDS EXAM WILL BE OVER BY APRIL FIRST WEEK
WE ARE EAGER TO SEE YOU BACK. YOU CAN POST THROUGH MOBILE PHONE FROM ANY WHERE.
EXPECTING YOUR LEVELS.
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