20
Sep
09

Nifty Watch

NIFTY Watch:-

20.09.2009

Fibonacci price projections:

 

0%

61.8%

100%

161.8%

261.8%

Up

4353

4595

4744

4986

5377

Dn

4744

4502

4353

4111

3720

 

Rsi  ( 5 days ) is 89 showing over bought . short term players may book profit at current levels , if advance decline ratio is not favoring bulls. Nifty has made 2 doji also . one idea is clearing may be near of below 4920 ( 5 days moving average ) and above 4761 ( 20 days moving average ). Let’s see how it moves.  All recommendations given on this site i.e. Idus Ind bank, Andhra Bank, JK Bank, Sintex , Max, Core Project, Crain India, and others proved good, not only good but yield a handsome return. Long term Investor may hold their positions

 

FT : sell @ 1400/- s.l 1485, target 1360 – 1340 – 1240

Uco Bank : sell @ 47/- s.l 48.4 target 44.80

Hcl : sell @ 347/- s.l 370/- target 320 – 290

Patni : sell @ 489 s.l 550/- target 428 – 391

Ultra tech : sell 783/- s.l 829 target 739 – 716

 

DISCLAIMER :- We can’t dictate the market. Its an observation only. May , may not hold good. Much depend on govt. policies ,economic & political scenario. Its more of an informatics’ article only. Presenter /writer is not liable or responsible for any personal or financial losses or profits


4 Responses to “Nifty Watch”


  1. 1 rkarora
    September 20, 2009 at 10:38 am

    unitech jpassociate idbi and few otheres has shown buying interest also, so only book profit.

    read disclaimer

  2. 2 rkarora
    September 20, 2009 at 10:42 am

    Mata Chintpurni Devi is located in a village of the same name in District Una, Himachal Pradesh. Devotees have been visiting this Shaktipeeth for centuries to pray at the lotus feet of Mata Shri Chhinnamastika Devi and Mata Shri Chintpurni Devi. They bring with them their worldly concerns and seek blessings from the Devi. It is believed that if you ask something from the Devi with a true heart, your wish will be granted.

    JAI MATA CHINTPURNI

    Stopping, calming, and resting are pre conditions for healing – thich nhat hanh

    In these holy navratras offer your heart to Maa for healing and get it recharged by fasting, offering prayars, chanting mantras, doing only satvik karmas.

    Just a day back , I received a sms …………….” Like birds, let’s leave behind What we don’t need 2 carry.

    Grudges

    Sadness

    Pain

    Fear

    Regrets

    & ego

    fly light , life is beautiful……..

    Happy Navratras………………..

    JAI MATA DI………………….

  3. 3 rkarora
    September 24, 2009 at 7:52 am

    1st target of 4920 achieved.

    its all mathematics and mathematics is mostly right, if right formula selected.

    jai mata di………

    happy navratras……….

  4. 4 rkarora
    September 24, 2009 at 7:53 am

    all sell recommendations are down……………….

    achieved 1st and 2nd ( in some ) targets


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