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BUY NIFTY FOR MY TARGET

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WATCH MY YESTERDAY'S CALL 2 ND TARGET HIT. LOOK FOR 3 RD TARGET

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CALL WAS GIVEN JUST FEW MINUTES BACK SEE ATTACHED CHART

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FOR UPPER TARGET LINE 6866 IT WILL TOUCH 6917 OR TOMORROW

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SEEMS UPSIDE STILL LEFT PLEASE FIND ATTACHED CHARTS

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IF UPWARD BREAK OUT TAKES PLACE TARGET MAY BE ACHIEVED IF NOT BACK TO THE PREVIOUS RESISTANCE NOW SUPPORT

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BANK NIFTY HAS RETRACED ABOUT 78.6 PERCENT OF RECENT RALLY. POINT B AND C IN THE CHART ARE MAIN PIVOTS. CROSSING BELOW B MAY ACCELERATE THE DOWNWARD DRIFT. AND CROSSING ABOVE C MAY INVALIDATE THE PRESENT BEARISH OUT LOOK. SUPPORT FOR BANK NIFTY 27939,27700,27575 RESISTANCE FOR IT ARE 28108,28762 20 DAYS SMA.200 DAYS SMA AND 100 DAYS SMA ARE RESISTANCES.

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NORMALLY INFOSYS STOCK HAS GOOD RUN AFTER GOOD QUARTERLY RESULT. IT SEEMS IT HAS GOOD QUARTERLY RESULT. DON'T KNOW HOW ANALYSTS FIGURE IT OUT. IF POSITIVE IT MAY CROSS 900.

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AFTER TWO WEEKS OF RED CANDLE, NIFTY HAS GREEN CANDLE LAST WEEK. NIFTY HAS RESISTANCE AT 11320,11376,11467,AND 11552 IT HAS SUPPORT AT 11282,11103,11038,11024. BREAKING OUT OF THE RESISTANCE LINE SHOWN IN THE CHART IT MAY TOUCH THE TARGET.

bijoy2526 Updated 

IF IT BREAKS LAST MONTH'S LOW FURTHER LOW LEVELS MAY BE POSSIBLE. LAST MONTH'S LOW WAS 1975. LET US OBSERVE HOW MARKET REACTS TO ITS RESULT.

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IF NECK LINE IS BROKEN HIGHER LEVELS ARE POSSIBLE AS SHOWN IN THE CHART. VIEW IS OF LONG TERM.

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NIFTY WAS TRADING IN NARROW RANGE. RECENT RESULTS OF INDUS INDIA BANK WAS NOT WELCOMED BY THE MARKET. TCS RESULT BELOW ANALYSTS EXPECTATIONS. NOT ENOUGH DATAS THERE TO PUSH THE MARKET UP. MOODY'S REDUCED INDIA'S GDP GROWTH RATE TO 5.8 DOW IS TRADING POSITIVE . HOW EVER IF ANY SELL OF TCS TAKES PLACE NIFTY WILL DRIFT TOWARDS 11027. THIS STUDY IS ONLY FOR...

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CHEERS WATCH MY PRVIOOUS CALL

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BUT HAS CROSSED 100 DMA SHORT IT IF IT BREAKS TODAY'S LOW

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WATCH IT CARE FULLY

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SOME SUPPORT HERE THEN? FOLLOW THE CHART LIKELY TO CORRECT.

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PLEASE SEE MY POST

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ONE MAY GO LONG AFTER NOTICING REVERSAL NEAR PRZ FOR THE TARGET OF 61.8% RETRACEMENT OF AD.