Nifty Daily - As Updated Last Week.
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As Given last week Nifty broken the support and started falling down. Lets see whats next ???
>>>> Nifty - Daily - What's Next <<<
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Nifty near the Trend support line at 5620-5630, if breaks then possible downside upto 5573 and 5431.
>>> Nifty - Houry <<<
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Above hourly chart suggest end of wave 4 and started wave 5 on the downside. 5620-30 should support, else may test next level 5573 or near.
>>> Bank Nifty <<<
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Bank Nifty closed near the golden ratio of 61.8% looks very important next week. If holds then possible bounce back, else may fall to next level 78.6% or 8975 as shown on chart.
>>> Block buster Chart for the Week <<<
>>> IB Real Est <<<
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>>> Exide Industries <<<
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>>> Cipla <<<
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>>> Performance <<<
>>> for the month ended July, 2013 <<
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Dear Venkatesh,
ReplyDeleteThanks for your weekly analysis
This can be an Irregular correction which is going on wave 4 as the support zone could be 5630 and will reverse to 5800+ to complete the wave 4 and then wave5 starts.Your thoughts on this
how i can get profit 2Lac.. can you explain in detail
ReplyDeleteDear Mr. Paresh,
ReplyDeleteAnalysis alone wont give your Profit. Need Money Management, Discipline, Common sense etc., We work out all the above these along with proper Research and analysis. Hope you understand our mantra of success.
Regards
N4A