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Present Market Trend Nifty- Shashang

 
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Author Present Market Trend Nifty- Shashang
shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #1   PostPosted: Tue Jun 12, 2007 4:38 pm    Post subject: Present Market Trend Nifty- Shashang Reply with quote

Nifty can touch 4020-15 with in this week. Sensex can touch 13760-55.

Overall trend is bearish. Possibly Nifty is heading to 3400 & 3100 levels. Sensex 12000-11000 target.

Anyway for now mkt can try 4020 & 13760. Will confirm if big bear before this month end.
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shashangan
Green Belt
Green Belt


Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore

Post: #2   PostPosted: Wed Sep 12, 2007 9:10 pm    Post subject: Nifty consolidating Reply with quote

I think NIFTY SPOT should make one more top by this weekend. Expect a move to around 4600. The mkt range is 4430 - 4630 for next coming days. I recommend a long below 4450 to exit 4560 above.
Go short @ 4590 & above with stop above 4670 for target 4420-15 minimum. The possible target to follow should be to 4360-45 after the upside target is achieved.

Sensex upside target near 15750 downside 15200 & 15000 in coming days.

Add me on yahoo messenger with my id << REMOVED >> if you want to discuss more in detail.

Regards,
Gautham Shashangan
<< REMOVED >>
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