7/16/2010

NIFTY 19th July 2010























5 comments:

  1. sir
    i respect ur views
    but if market is going to fall heavily
    then why the hell FIIs r buying they have bought net of rs 5500 crores in cash which is higher than that of june and interestingly they hv bought around this 5350 levels only

    ReplyDelete
  2. Hi Kumaraguru,

    Good Morning and Belated wishes to you and to your blog on the 1st year Anniversary.

    I viewed your strong comment on Just Nifty a couple of days before that Nifty is going to fall. And it fell.

    I like your attitude to say boldly which no one in this field is doing right now. Keep on the good work and many of silent followers like me are there to wish and pray for Good hearts.

    Thanks again.

    ReplyDelete
  3. Kumar,

    What is your view today as US markets down about 2.5 to 3.0 % last night?

    any guidance on how our market will open on Monday.

    Btw, i am short at 5383.

    ReplyDelete
  4. Prabhakar,

    Surely there will be gap down on Monday.

    We may open near 5335-5340 & go down below 5317 level & day close will be above 5317 level.

    Failed to hold 5317 will take support @ 5272 (major monthly support).

    If two continuous or weekly close below 5272 will TARGET 5199-5181

    I feel NIFTY will hold 5317 level next week or on the lower-side it should hold 5272 for short-term UP move

    ReplyDelete
  5. # KumaraGuru

    Stumbled on yr site for first time. Liked the content. Simple clean charts. (Probably the only one focusing on Monthly charts to such great degree. Keep it going..

    ReplyDelete

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