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Nifty Targest??

Discuss Nifty Targest?? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Targets for the nifty on the downside: 3540 3370 2970 Suggessions please... Regards...


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  #1  
Old 5th March 2007, 10:42 AM
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Default Nifty Targest??

Targets for the nifty on the downside:
3540
3370
2970

Suggessions please...

Regards
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  #2  
Old 5th March 2007, 02:37 PM
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renu daga has a spectacular aura aboutrenu daga has a spectacular aura aboutrenu daga has a spectacular aura about
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Default Re: Nifty Targest??

hi manoj..
nifty tgts,,,
3550/3430.......and the optimum...3200,,but whta i think ,,nifty will ,,hold the 3430 levls,,,,,,,,and ,,start of ,,new trend,,,,,,,,,,
just chcek,,i am still saying 3430 is the ,,support levls,,,to buy,,,,,,,and if it goe sto 3200 ,,i dont know what worst will happen,,,,,,,,,

renu,
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  #3  
Old 5th March 2007, 10:13 PM
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Default Re: Nifty Targest??

nifty must show one green weekly candle to assess some kind of base,before that bottom cannot be assesssed.It has gone through 38.2% fibonacci level and proceeding towards 50%.Impossible to assess the bottom.
Even if it stops falling the pain will continue till end March.Good chance to enter if the base is ascertained for a stop loss.Waiting for your base assessment.
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Old 5th March 2007, 10:33 PM
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Default Re: Nifty Targest??

Quote:
Originally Posted by sankar ghosh View Post
nifty must show one green weekly candle to assess some kind of base,before that bottom cannot be assesssed.It has gone through 38.2% fibonacci level and proceeding towards 50%.Impossible to assess the bottom.
Even if it stops falling the pain will continue till end March.Good chance to enter if the base is ascertained for a stop loss.Waiting for your base assessment.
Now everything is depend upon Global market sentiment. once US stock market start recovering...every market around globe will start short recovery.
and bounce...Pl understand..currently sentiment has override Technicals...
Currently don't go as per any technicales..read Global sentiments.
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  #5  
Old 5th March 2007, 11:33 PM
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Default Re: Nifty Targest??

Targets for Nifty would be 3420 to 3220. (Levels which may get trigerred during current expiry). However an upmove to 3800 levels is definite again within march exp. So dont get afraid to go long in nifty fut if 3420 is triggered first!!!

Happy trading
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