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srini

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Posts posted by srini

  1. NIFTY WEEKLY FORECAST NOV 25th - 29 th 2013

    In the week just gone by NIFTY made a HIGH of 6212.40 & LOW of 5972.80 could not sustain 6212 level and fell sharply to 6000 levels during the end of the week. Coming week NIFTY is likely to be volatile and may slide down to 5800-5850 levels with a strong support at 5903-5938 levels we may expect some recovery to the upside during later half of the week if NIFTY can find support at 5800-5850 levels.

     

     

    Please visit the blog for NIFTY weekly update

     

    http://shrinnevaasweeklyforecast.blogspot.com

  2. NIFTY MONTHLY FORECAST for NOVEMBER 2013

     

    Technical View :: NIFTY

     

    NIFTY on edge of new high led by banks,NIFTY within a striking distance of all time high. The Sensex ended at a new closing high, led by a rally in bank shares.

     

    NIFTY targets for the month of NOVEMBER 2013 are 6390/6442/6531/6603/6674. Expect some sharp corrections to downside from 2nd Half of November Month.

     

     

     

    Few Monthly Picks in Equities segment with targets are follows :-

     

    NIFTY BUY 6390/6442/6531/6603/6674

     

    BANK NIFTY BUY 11762/11928/12210/12438/12665

     

    SBI BUY 1831 /1850 /1884/1911/1938

     

    ICICI BANK BUY 1157/1179/1214/1243/1272

     

    IDFC BUY 108/110 /112 /114 /117

     

    AXIS BANK BUY 1259 /1281/1317/1346/1376

     

    TATA MOTORS BUY 390 /396 /405 /412 /420

     

    BHARTI AIRTEL BUY 376 /381 /397/405

     

    ASIAN PAINTS BUY 553/560/574/584/595

     

     

    As predicted in my previous forecasts, now NIFTY is at a threshold of All Time Highs.

  3. NIFTY WEEKLY FORECAST Oct 28th - 1st Nov 2013

     

    Technical View :: NIFTY

     

    In the week just gone by Nifty made a high of 6252.45 breaking previous SWING HIGH of 6229.45 made on 20th May 2013 which is a 52 week high.This confirmation may take Nifty to all time high levels of 6300-6500 levels indicating that Primary Trend is Up and as long as NIFTY do not break 5960 levels on the downside in the short term(3-4 weeks) time and reverse thereon. so expect very sharp moves to happen in the next one month or so from hereon. Coming to the current(Oct 28th - 1st Nov 2013) week nifty is likely to be weak and recover in the later half of the week. Historically NIFTY made highs of 6334 on Nov 8th 2010 and 6357 on January 2008 respectively before sliding down. So we may expect similar kind of move to happen this time too. As pointed out in the last week NIFTY weekly forecast NIFTY corrected to 6100-6150 levels and hovering around the same levels since then waiting for RBI policy announcement tomorrow.

     

    - See more at: http://shrinnevaasweeklyforecast.blogspot.in/search?updated-max=2013-10-27T22:00:00-07:00&max-results=1#sthash.biLhds1H.dpuf

  4. Apology, it was typo error, it is actually a trailing stop loss(SL), apart from gold i am also posting silver,crude oil,forex,commodities,indian nifty,bank nifty for free since i cannot post everything i've given a link to my post to view the forecasts from here....
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