Wht i told in Nifty Daily chart it Happened now

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





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

Achieved 1st target

Long term Call Before nov expiry

Srong buy dec futures @ 5835 Stop @5750 tgt 6150