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WELCOME

Friday, 9 March 2012

nifty view on spot level--------9/3/2012

NIFTY SPOT: TARGET (5150-75) OREACHED. NOW @ CRUCIAL SUPPRT: 5150-75...

==>> AS STATED IN PREVIOUS MAIL, IN BOTH POSSIBLE SCENARIOS (RANGE BREAK & TRIANGLE BREAK) NIFTY SPOT HAS REACHED POSSIBLE TARGET (5150-75) ON WEDNESDAY 7TH MARCH.

==>> NOW IF NIFTY SUSTAINS 5150-75 (VERY CRUCIAL SUPPORT), THEN IT CAN FIRST BOUNCE UPTO 5249/68 AND THEN UPTO 5298-5315

==>> BREACHING 5298-5315 ON CLOSING BASIS CAN ALLOW NIFTY (SPOT) TO MOVE TOWARDS 5345-5410-5460.

==>> ON THE REVERSE SIDE, BREAKING BELOW 5150-75 ON A CLOSING BASIS IS LIKELY TO FORCE NIFTY TO TANK TOWARDS 5055/90 ---- 4945/89

nifty view on spot level--------9/3/2012

NIFTY SPOT: TARGET (5150-75) REACHED. NOW @ CRUCIAL SUPPORT: 5150-75...

==>> AS STATED IN PREVIOUS MAIL, IN BOTH POSSIBLE SCENARIOS (RANGE BREAK & TRIANGLE BREAK) NIFTY SPOT HAS REACHED POSSIBLE TARGET (5150-75) ON WEDNESDAY 7TH MARCH.

==>> NOW IF NIFTY SUSTAINS 5150-75 (VERY CRUCIAL SUPPORT), THEN IT CAN FIRST BOUNCE UPTO 5249/68 AND THEN UPTO 5298-5315

==>> BREACHING 5298-5315 ON CLOSING BASIS CAN ALLOW NIFTY (SPOT) TO MOVE TOWARDS 5345-5410-5460.

==>> ON THE REVERSE SIDE, BREAKING BELOW 5150-75 ON A CLOSING BASIS IS LIKELY TO FORCE NIFTY TO TANK TOWARDS 5055/90 ---- 4945/89