iCharts Discussions

[veerappan]

hi
today is the settlement day...i am taking contra view...people are sitting with confidence... [100% shot covering will come and we may get out alteast cost to cost ...this is the way they r sitting].....but my view is 7% to 12% down side is my for this last two days....as I said earlier [b]4828 is the best support...but it was broken in a minor way only...today again 4828 is the trend decider....if trades below we may c lower side further....next support is for these two days is 4741....[/b]and any two consecutive closes below 4717-4710 range then we r moving to 4400-4343 range...in coming days reality and builder kings will collapse [ like dlf/hdil/ivrcl....] tech babies will cry..infosys my view is 1600-1700...rolta will be 89-105... tcs will be 400-430 range...metals also will melt... tisco my target of 285-320..jsw steel is 450-510.. telecom already bleeding... banks seen un-winding longs...then the shots will start very soon...take care... and for nf if and only if three consecutive closes above 4992 only ....if u need a clear bull on indian market means it shd close above 5278...then we may c 6300 range....as per current view i am for 4710 and 4345 range...


chennai boy
veeru
[ each smile is -180 pts on nifty]

[sethu45]

Veeru you have done a wonderful prediction which is quiet true. Please make sure that the bears are taking full control of the market very soon. Technically sound analysis. Keep it up. My best wishes.