Archive for September, 2013

25
Sep
13

rightly predicted : Nifty Watch

yesterday it was rightly predicted levels of Nifty. today Nifty could not breach 5935 and slid to 1st support level of 5840. its all God’s grace. its all mathematics.
” rkarora
September 24, 2013 at 12:44 pm

few of my friends asked why 5840 is strong support. simple ! its 200 days moving average and 5722 is 50 days moving average . hence are strong supports. Nifty trend decider for Wednesday is 5935.

Disclaimer: its an observation only for self study, may, may not hold good.

13
Sep
13

i am surprised, how these levels work; Nifty came near 5800 (5822) and bounced to 5900 ( near our 1st resistance. its all magic , i mean mathematics. its all God’s grace. those who want levels of commodities free of cost, write to jmcadvisors@yahoo.com

12
Sep
13

just think !

Our exports have surge by what percentage? Mind it! Our currency depreciated by 19%. Are these figures justified? After such depreciation, exports must have appreciated by 50%. We are not cashing life time opportunity to book more and more export orders. 2nd Gold imports have been depreciated by 70%, but total impact on import figures is negligible. It’s just surprising. There’s one good news, Japanese, are ready to start mobile manufacturing in India, will reduce import and possibility of export to other Asian countries and south Africa will improve our some amount of balance of payment. Here new FDI will also inflow. Japanese already have good exposure in Auto Industry. These kind of initiative are welcome and more opportunities should be explored.

05
Sep
13

Welcome new governor RaghuRam Rajan: Nifty 1st Res : 5625.




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