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In1978 sensex @100 after 10years in 1988 100*6 sensex @600 in 1998 600*6 sensex@3600 in 2008 3600*6 sensex@21600 then in 2018 sensex 129600......
A Comprehensive Technical Analysis Programmes aimed to make you a Profitable Trader and achieve 100% return per annum on your Investment IN MCX & STOCK MARKET SPECIALLY IN GOLD MARKET


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2010-11-17

Nifty Daily Chart

Short term

Broke the 1st tend line & 50days MA in daily chart the market will fall upto 5930 levels(38.2 retracement of 5349 to 6336 ) after tht some bounce will be there upto 6000 once it breaks 5930 levels next target will be 5800(50% retracemeant of 5349 to 6336 & 2nd trend line Support in Daily & weekly Chart)after tht Nifty will Shoot up with new highs upto 6500 in jan2011. Immediate support @ 5725(61.8% retracemeant of 5349 to 6336 &100days MA )

Resistance in nifty 6045, 6080,6135,6185,6260,6345

Short Term Call 17/11/2010

Short nifty @6045 stop@6095 tgt 5930 & 5800

Long term Call Before nov expiry

Srong buy dec futures @ 5835 Stop @5750 tgt 6150
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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.