TECHNICAL OUTLOOK, 14 MAY

Nifty 4076.65

As long as Nifty holds above 4040 level, the trend would be bullish. And in the upper side it is likely to test 4300-4350, if market rallies from here. If not, correction is likely to extend towards 3920.

In the extreme short term, if it sustains above 4100, it is likely to test 4160-4170 level.

Today, if Nifty sustains above 4040, then it is likely to test 4120. Above 4120, it could test 4160.



Medium term outlook of Nifty

In the medium term charts, the trend is looking bullish and it is likely to test 4300-4350 in coming months.

Long term Investors can remain invested with a stop at 3750.


Trading Strategy

Remain long as long as it stays above 4040. Positional traders can hold Nifty for targets above 4200 in coming trading sessions.




Reliance 1593.10

The short term trend is looking bullish and it is likely to test 1700-1725 level in coming trading sessions. The view holds good as long as it stays above 1570. Buy on decline with a stop at 1570 for a target of 1725.

If it fails to sustain above 1570, it is likely to decline towards 1450. In that case, short below 1570 with a stop at 1590 for a target of 1450.



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TECHNICAL OUTLOOK, 07 MAY

Nifty 4117.35

As long as Nifty holds above 4040 level, the trend would be bullish and in the upper side it is likely to move above 4250. If not, correction is likely to extend towards 3920.

In the extreme short term, if it sustains above 4090, it is likely to test 4190.

Today, if Nifty sustains above 4090, then it is likely to test 4155. Instead, if it moves below 4090, it is likely to test 4040.


Medium term outlook of Nifty

In the medium term charts, the trend is looking bullish and it is likely to test 4300-4350 in coming months.

Long term Investors can remain invested with a stop at 3750.


Trading Strategy

Remain long as long as it stays above 4080.




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TECHNICAL OUTLOOK, 09, APRIL

Nifty 3752.00

It seems that Nifty has made a medium term bottom when it tested 3617. Unless, Nifty moves below this level, the view holds good. And also, if Nifty doesn’t go below 3675 here after, it will give confirmation to the above bullish view. Now, Nifty is likely to test 3950- 4000 level in coming trading sessions.

In the extreme short term, if it remains above 3675, the trend would be bullish and in the upper side it could test 3820 initially.

Today, if Nifty trades below 3770, it is likely to test 3700-3720 level. Instead, if it sustains above 3770, it is likely to test 3820.



Medium term outlook of Nifty
In the medium term charts, the trend is looking bullish and it is likely to test 4500 in coming months.

If Nifty doesn’t trade below 3620, then it is likely to move up towards 4200 initially. In case, if it trades below 3620, then it is has potential of testing 3300 in short term and even in this case, the medium term bullish outlook would remain intact.

Long term Investors can remain invested with a stop at 3620. In case, 3620 is violated, exit the holdings and re-enter around 3300.



Trading Strategy

Remain long with a stop at 3675.




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TECHNICAL OUTLOOK, 02, APRIL

Nifty 3821.55

Short term trend in Nifty would remain bullish as long as it sustains above 3720. On the upper side, a move above 3850 would confirm further upside targets towards 3950-4000 level.

In the extreme short term, if Nifty sustains above 3780, it could test 3950. Below 3780, it could test 3720.

Today, if Nifty sustains above 3780, it could test 3850 initially. If it trades above this level, then it could test 3890.



Medium term outlook of Nifty

In the medium term charts, the trend is looking bullish and it is likely to test 4500 in coming months.

If Nifty doesn’t trade below 3720, then it is likely to move up towards 4200 initially. In case, if it trades below 3720, then it is has potential of testing 3300 in short term and even in this case, the medium term bullish outlook would remain intact.

Long term Investors can remain invested with a stop at 3720. In case, 3720 is violated, exit the holdings and re-enter around 3300.



Trading Strategy

Remain long with a stop at 3780. Short, if trades below 3780 for a target of 3720.




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TECHNICAL OUTLOOK 26, MARCH

Nifty 3861.05


Short term trend in Nifty is looking bullish and in the upper side it could test 3950-4000 level in coming weeks. Only a close below 3760 level would negate the bullish view.

In the extreme short term, if Nifty sustains above 3830, it could test 3950.

Today, if Nifty sustains above 3835, it could test 3890 initially and above this level, it could test 3920.

In the medium term charts, the trend is looking bullish and it is likely to test 4500 in coming months and this view holds good as long as Nifty sustains above 3500. Long term Investors can remain invested with a stop at 3500.

Trading Strategy

Remain long with a stop at 3830. Short, below 3810 for a target of 3760.





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TECHNICAL OUTLOOK 19, MARCH

Nifty 3608.55


As long as Nifty sustains above 3550, the short term trend would remain bullish. On the upper side, if Nifty moves above 3720, it would confirm the termination of correction. Since Nifty failed to sustain above 3720, it has opened a possibility of Nifty going below 3550. If that is the case, then a final short term down leg is possible which has maximum downside potential of 3300. A sharp decline below 3550 in one or two trading sessions would indicate further decline. If Nifty fails to move below 3550, a sharp rebound is possible.


In the extreme short term, cross over of either 3550 or 3650 would decide the direction of the short term.

Today, cross over of either 3550 or 3650 would see a one sided move.



Trading Strategy

Remain short as long as Nifty sustains below 3660. Initiate longs above 3680.



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TECHNICAL OUTLOOK 5 MARCH

Nifty 3726.75


Nifty holding above the recent panic low of 3674 would indicate termination of correction. If Nifty violates 3674, then correction is likely to extend below 3650 towards 3550.

In the extreme short term, cross over of 3674 and 3765 would decide the direction of the trend.

Today, if Nifty sustains above 3674, then it is likely to rebound towards 3765. Instead, below 3674, Nifty is likely to see a final down leg.


The medium term trend in Nifty is looking bullish. Long term Investors can remain invested in the market with a stop at 3500.



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TECHNICAL OUTLOOK 26 FEBRUARY

Nifty 3938.95

As long as Nifty trades below 4030, the trend would remain weak and in the downside it could test 3850 and below this level it could test 3750.Instead, if Nifty trades above 4030, it would confirm the termination of the correction.

In the extreme short term, cross over of 3850 or 4030 would decide the direction of the trend.

Today it is likely to trade in between 3990 and 3850.




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TECHNICAL OUTLOOK 19 FEBRUARY

Nifty 4146.20

Short term is looking bullish and it has potential of testing 4250 in coming trading sessions and this view holds good as long as it sustains above 4090.

In the extreme short term, if Nifty sustains above 4130, it is likely to test 4250.

Today, if Nifty sustains above 4130, it is likely to test 4190.



Medium term outlook of Nifty would remain bullish as long as it stays above 4050.



DELIVERY CALL

S kumars 79.05

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 120 in coming weeks. Buy on decline with a stop at 73.

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TECHNICAL OUTLOOK 12 FEBRUARY

Nifty 4187.40

If Nifty sustains above 4170, it is likely to test 4300 in coming trading sessions. Instead, if it moves below 4170, it has potential of testing 4050 in the downside.

In the extreme short term, if Nifty sustains above 4170, it is likely to test 4250.

Today, if Nifty initially moves above 4205 and sustains above 4180, then it is likely to test 4230. If it trades comfortably below 4170, then it could test 4120.



The broad stop loss for the longs is 4120.

Medium term outlook of Nifty is looking bullish and this view holds good as long as it stays above 4050.



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TECHNICAL OUTLOOK 07 FEBRUARY

Nifty 4195.90


Full contents of the newsletter is available for subscribers.



SRF 200.00

The short term trend is looking bullish and it has potential of testing 250 level initially in coming trading sessions. Buy on decline with a stop at 192.

Long term investors can buy this scrip with a stop at 175 for a target of 300 in coming months.





DELIVERY CALL

GNFC 111.35

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 150 in coming weeks. Buy on decline with a stop at 100.



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TECHNICAL OUTLOOK 05 FEBRUARY

Nifty 4183.50

Short term trend would remain bullish as long as Nifty sustains above 4100 and in the upper side it could test 4300 in coming trading sessions.

In the extreme short term, if Nifty sustains above 4150, it is likely to test 4230. And also it is likely to swing between these two levels for few trading sessions before moving towards 4300.

Today, if Nifty sustains above 4160, it is likely to test 4200 and above 4200, it could test 4230.



Now the broad stop loss for the longs is 4100.






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TECHNICAL OUTLOOK 01 FEBRUARY

Nifty 4082.70


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.




DELIVERY CALL


Media Video 53.85

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline with a stop at 47.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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TECHNICAL OUTLOOK 31 JANUARY

Nifty 4124.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.




DELIVERY CALL

Greenply Inds 127.85

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 160 in coming weeks. Buy on decline towards 115 with a stop at 105.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.

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TECHNICAL OUTLOOK 29 JANUARY

Nifty 4147.70

Nifty never violated 4055 level and moved up towards 4200. As mentioned earlier, it is likely to test 4200-4220 level before going in for a minor correction. And this view holds good as long as Nifty sustains above 4050.

In the extreme short term, if Nifty sustains above 4100, it is likely to test 4200.

Today, if Nifty sustains above 4120, it has potential of testing 4180 and above 4180, it could test 4200.



Now the broad stop loss for the longs is 4050.



Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.





Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.





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TECHNICAL OUTLOOK 25 JANUARY

Nifty 4089.90


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.



DELIVERY CALL


Chennai Petro 224.65

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 300 in coming weeks. Buy on decline with a stop at 205.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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TECHNICAL OUTLOOK 24 JANUARY

Nifty 4066.10


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.




DELIVERY CALL

Apollo Tyres 364.90

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 450 in coming weeks. Buy on decline with a stop at 340.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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TECHNICAL OUTLOOK 23 JANUARY

Nifty 4102.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Dishman 266.60

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 350 in coming weeks. Buy on decline with a stop at 235.

Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.

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TECHNICAL OUTLOOK 22 JANUARY

Nifty 4090.15

Nifty corrected up to 4058 and now, if it sustains above 4100, then it is likely to resume its uptrend towards 4200. If Nifty fails to sustain above 4100, then in the downside it could test 4020. And as long as Nifty remains above 3980, the short term trend would remain bullish.

In the extreme short term, if Nifty sustains above 4100, it is likely to test 4200.

Today, if Nifty sustains above 4100, it is likely to test 4120 and above this level, it could test 4145. Instead, if it moves below 4080, then it could test 4055 and below this level it could test 4020.

Now the broad stop loss for the longs is 3980.




Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.

Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.

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TECHNICAL OUTLOOK 19 JANUARY

Nifty 4109.05

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL


Gujarat Ambuja Exports 36.35

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 50 in coming weeks. Buy on decline around 33 with a stop at 27.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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TECHNICAL OUTLOOK 18 JANUARY

Nifty 4076.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Iti Ltd 51.20

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline with a stop at 42.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



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TECHNICAL OUTLOOK 17 JANUARY

Nifty 4080.50


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Century Enka 149.95

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 200 in coming weeks. Buy on decline with a stop at 135.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




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TECHNICAL OUTLOOK 16 JANUARY

Nifty 4078.40

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL

Bank of Rajasthan 42.90

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 70 in coming weeks. Buy on decline with a stop at 38.

Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


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TECHNICAL OUTLOOK 12 JANUARY

Nifty 3942.25

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


IDBI 86.45

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 120 in coming weeks. Buy on decline with a stop at 77.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



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TECHNICAL OUTLOOK 10 JANUARY

Nifty 3911.40


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DELIVERY CALL

Cinevista Commun 28.00

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 38 in coming weeks. Buy on decline towards 26 with a stop at 23.50.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


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TECHNICAL OUTLOOK 08 JANUARY

Nifty 3983.40

Short term trend in Nifty is looking bullish, and it is likely to test 4100 initially in coming trading sessions. And this view holds good as long as Nifty sustains above 3920.

In the extreme short term, if it moves below 3975, it is likely to test 3940-3950 before embarking a rally towards 4050.

Today, if it trades below 3975, it is likely to decline towards 3940-3950 level and would be followed by an up move. Instead, if Nifty sustains above 3995, it is likely to test 4020.


Strategy

Fresh long positions can be initiated on decline with a stop at 3920 or on cross over above 3995 with a stop at 3970.

The next broad stop loss for all longs is 3870.


Full contents of our Daily Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.


Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



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TECHNICAL OUTLOOK 05 JANUARY

Nifty 3988.80

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.


DELIVERY CALL

Garden Silk 56.75

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline towards 54 with a stop at 50.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



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TECHNICAL OUTLOOK 04 JANUARY

Nifty 4024.05


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL

Bank Of India 207.60

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 250 in coming weeks. Buy on with a stop at 180.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



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TECHNICAL OUTLOOK 03 JANUARY

Nifty 4007.40

Short term trend in Nifty is looking bullish, and it is likely to test 4070 initially in coming trading sessions. And this view holds good as long as Nifty sustains above 3920.

In the extreme short term, if Nifty sustains above 3985, is likely to test 4070. Instead, if it trades below 3985, it is likely to test 3950.

Today, if it sustains above 3985, it is likely to test 4030 and above 4030, it could test 4050.

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.

Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


9381203517

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