Nifty trend

Will The Nifty take out its all time high of 6358?

  • YES

    Votes: 21 63.6%
  • NO

    Votes: 12 36.4%

  • Total voters
    33
  • Poll closed .
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saivenkat

Well-Known Member
Market always tests patience and conviction of traders before rewarding! tries to confuse with twists and turns.
You are absolutely correct ST.. from the little bit of experience i have.. what i feel is that i lost most of times, not because of my strategy, but because of losing patience..
 

saivenkat

Well-Known Member
what is the prediction of nifty for 06 sep 2010

The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008.


The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008.

More about this you could read on

http://www.dowjones.com/pressroom/releases/2010/08022010-JulyESI-0053.asp

So, what i conclude is if at all there is dip in the nifty, it will soon recover.
 
That is one month old news. :lol:

see the date. Its 2nd Aug.



The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008.


The Dow Jones Economic Sentiment Indicator (ESI) has given an upbeat signal on the economy, registering its biggest rise since October and a return to the level of June 2008.

More about this you could read on

http://www.dowjones.com/pressroom/releases/2010/08022010-JulyESI-0053.asp

So, what i conclude is if at all there is dip in the nifty, it will soon recover.
 

saivenkat

Well-Known Member
Hi all,

We have a truncated week ahead. Some one mentioned the Dow It is at its Resistance at 10500-600 .

Back to our own Nifty..

+ve Above 5440 , S @ 5460, lots of congestion @ 5485-5520, 5545-50.

Have a great week.:)
sgx trading at 5509, which means exactly at resistance zone.. and i feel it will not have much impact on nifty when the market starts..

As Capricorn bro rightly said.. today also we will be in the congestion area.. dangling hither and thither between 5480 and 5510.

saivenkat:)
 
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