Nifty Forcast
FREE WEEKLY MARKET FORECAST REPORT 21-06-10 TO 25-06-10
This week in market may reach to new high
Last week Sensex gained +506 points or +2.96% to 17570 and Nifty gained +142 points or 2.80% to 5262 in the week ended 18-6-2010. Last week market ends with good gain. As we told last week that bulls will take charge and see market ends on green side. Now we see nifty at previous high and more very soon. Keep your eyes on 24th June, US govt will declare meets for FED Rate. Also we advise the this the last week of F&O so safe trader sit in side or trade with strict sl only. Market will rise with very high volatility. If nifty close above 5303 then 5398 is sure and may rise more. Overall next week will be on positive side.
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FREE WEEKLY MARKET FORECAST REPORT 07-06-10 TO 11-06-10
This week market may consolidate near current levels
Last week Sensex gained 254 points or +1.51% to 17117 and Nifty gained 69 points or +1.36% to 5135 in the week ended 4-6-2010. Last week nifty showed very good gain and closed above 5100 at 5120. Still nifty is having very big hurdle at 5120 and 5165. If nifty close above 5165 level then we may see 5300-5400 level very soon. But nifty clould not close above these levels, now in next week nifty may trade between 4900 to 5100 level. Currently nifty is having support at 5055 and 4995 level. Next week's opening may be with negative side and end may be on positive.
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FREE WEEKLY MARKET FORECAST REPORT 31-05-10 TO 04-06-10
This week market may consolidate near current levels
Last week Sensex gained 418 points or +2.54% to 16863 and Nifty gained 135 points or +2.75% to 5066 in the week ended 28-5-2010. Last week nifty deep down to 4786 and closed above 5000 level on weekly basis. Nifty is having very good support at 4800 on closing basis. If nifty close below 4800 then 4670 may come very fast. Looking last week charts nifty took support of 4800 and bounce back. Now 5055 is the resistance, if nifty close above 5055 for two days then 5200 and more will be very fast.
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FREE WEEKLY MARKET FORECAST REPORT 03-05-10 TO 07-05-10
This week market may consolidate near current levels
Last week Sensex lost 136 points or -0.77% to 17558 and Nifty lost -26 points or -0.49% to 5278 in the week ended 30-4-2010. Last week nifty could not cross 5300 level and also not breaked 5200 levels. Technically market is trying to sustain on current levels. This week's closing may decide market's tone. Looking to global cues our market may show high volatility in next week. This week's 4th quater results may set short term trend for market. If nifty close below 5151 then exit from all long positions is advisable.
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FREE WEEKLY MARKET FORECAST REPORT 26-04-10 TO 30-04-10
This week market may continue its bull run with high volatility
Last week Sensex gained 103 points or +0.591% to 17694 and Nifty gained +42 points or +0.79% to 5304 in the week ended 23-4-2010. Last week nifty sustained 5200 level and closed at 5305. Technically market trend is bullish on chart. This is the last week for F&O expiry, so market may show stock specific movements with high volatility. If nifty close below 5151 then exit from all long positions is advisable.
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FREE WEEKLY MARKET FORECAST REPORT 19-04-10 TO 23-04-10
This week market may show weakness
Last week Sensex lost -342 points or -1.91% to 17591 and Nifty lost -99 points or -1.95% to 5262 in the week ended 16-4-2010. After ontinously 9th week market is closing on positive side, this week market closed on negative side. Technically market may enter in correction phase. Last week nifty breaed its support of 5300 and closed at 5263. Now its next support is 5226. If nifty close below 5226 then exit from all long positions is advisable.
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FREE WEEKLY MARKET FORECAST REPORT 12-04-10 TO 16-04-10
This week market may continue its rally with high volatility
Last week Sensex gained +237 points or +1.36% to 17933 and Nifty gained +71 points or +1.35% to 5361 in the week ended 9-4-2010. This week again market made new high after year 2008. Continously 9th week market is closing on positive side. Market took good bull run as we predicted. Now 5300 is the good support for nifty on closing basis. On 14-4-10 Wednusday will be holiday for Dr. Ambedkar Jayanti. Now from current level nifty may rise upto 5492 level and more with high volatility due to 4th quarter results will be announced.
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FREE WEEKLY MARKET FORECAST REPORT 05-04-10 TO 09-04-10
This week market may continue its bullish trend
Last week Sensex gained +134 points or +0.76% to 17692 and Nifty gained +30 points or +0.57% to 5290 in the week ended 1-4-2010. This week market made new high after year 2008. As we told we are bullish on market and see nifty crossed 5303 level and reached to 5344. Now from current level nifty may rise upto 5492 level with high volatility due to 4th quater results will be announced.
FREE WEEKLY MARKET FORECAST REPORT 15-03-10 TO 19-03-10
This week market may consolidate current level
Last week Sensex gained +172 points or +1.01% to 17166 and Nifty gained +49 points or +0.95% to 5137 in the week ended 12-3-2010. This week market susitained on positive side. As we told our target of 5168 is pefactly achieved. Technically from here nifty looks bullish side. we see very quickly 5240 and 5305. Nifty may touch previous top very soon.
FREE WEEKLY MARKET FORECAST REPORT 08-03-10 TO 12-03-10
This week market may consolidate current level
Last week Sensex gained +565 points or +3.44% to 16994 and Nifty gained +166 points or +3.38% to 5088 in the week ended 05-3-2010. This week market gained more than 3% and closed on green side. This week market may conitnue its rally on positive side. Data to watch in this week is IIP data, which will be declare on Friday, 12th March by govt. These data may boost the rally or change the trend of the market.
