Saturday, January 29, 2011

Nifty Next-Nifty View for Mid Terms 5400-4800-6300


Nifty corrected -10.1% in the month of January 2011, marking the Start of New Bearish Move for the Next Cycle of Wave. SPEARMAN INDICATOR has given Negative Cross-over on Monthly Price Chart. Nifty has now Strong Support around 5400.We are hoping a Possible Bounch-Back from these levels to the higher of 6300. If 5400 Broken , then worse is expected to 4800.
We advise Equity Investors to invest 50% of their Money @ 5400-5600 levels and remaining 50% around 4800, to make the best of Money. We may see the Nifty @ 6300 by Sep2011.This is a healthy correction for Nifty to make new Highs in this Bull-Run, where we will  see the Index (Nifty) around 9900 by 2014.
Investments in Index Stocks is advisable. Nifty Next Best picks are SBI,RELAICNE,ONGC,RANBAXY,FORTISH,LT,ACC,BALRAMPUR CHINI,JP ASSOCIATES.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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