Nifty could touch 5600 - 5800 - 5900 levels in March 2011

Nifty could touch 5600 - 5800 - 5900 levels in March 2011

i think 5615 will be achievable 99.99% and after some consolidations nifty could toch 5800 - 5900 levels in 2 weeks time

i post the chart

[Reply] [Back to Top]

Nifty touched my 1st target on march 4th within 3 days after my prediction

Nifty touched my 1st target on march 4th within 3 days.

now, we are in the last week of March, i hope 5800 will be achieved before this month end. even if it is not in the last week of march, i expect my targets will be achieved in the first or 2nd week of april.

[Reply] [Back to Top]

on March 25th FIIs bought nearly 1400 crores in cash market

on March 25th FIIs bought nearly 1400 crores in cash market. that's the reason for the big 2 % gain in the index today.

I guess, Fii's are clever. Because, DIIs will usually buy in the last week of March to show high NAV's. So, while DII's try to purchase, FII's will start selling at the peak levels of 5800 - 6000.

[Reply] [Back to Top]

Fiis bought nearly 6500 crores in nifty futures alone

Today Fiis bought nearly 6500 crores in nifty futures alone. sold Rs 3500 crores.

net buy : rs 3000 crores in nifty futures.

so don't look back, FII's wont' sell for small profits.

Even if the market comes down on Tuesday or Wednesday, it could touch only 5580 .

there is a gap up opening at 5480, it should be covered, but i don't think that level will be covered soon. it will take some time. so, buy nifty on every dips with my above said targets in mind.

[Reply] [Back to Top]

Today so far at 2.30 pm market touched 5770

Today so far at 2.30 pm market touched 5770 near to my second target of 5800.

i think at this level i can book profit, and can buy again in any dips

[Reply] [Back to Top]

Nifty more or less touched my third target 5900 too in the march series

Nifty more or less touched my third target 5900 too in the march series.

touched a high of 5872

[Reply] [Back to Top]