Sensex

Friday, June 11, 2010

RE: [sharetrading] Nifty

 

Every move begins with a possibility…. I guess you have seen that Horlicks add about Newton sleeping under the apple tree…….

I expect DJI to oscillate between 9700 – 10800 (11300) for some more time. Like last 7 months it has been around this range. Like that Nifty will oscillate between 4700 – 5400 or so….

Till a break out happens. After all we are all optimistic/pessimistic persons…. As situation warrants in bear/bull scenarios respectively. Hence retailers buy into highs and sell into lows….

 


From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Ravi M
Sent: Saturday, June 12, 2010 10:29 AM
To: sharetrading@yahoogroups.com
Subject: Re: [sharetrading] Nifty

 




Dear Mr. Abe,

 

Everything seems to be a likely possibity it seems

--- On Sat, 12/6/10, A P Abraham <abrahamap@airtelmail.in> wrote:


From: A P Abraham <abrahamap@airtelmail.in>
Subject: [sharetrading] Nifty
To: sharetrading@yahoogroups.com
Date: Saturday, 12 June, 2010, 4:00 AM

 

Near term hurdles for NIFTY are 5115 +/- 5, 5180.

Target could be 5300/5400 both serious resistances.

Monthly charts indicate a rising upward flag. In which case 5500 in coming months is a possibility.

 

Abe



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