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Showing posts from November, 2008

WHAT IN DECEMBER

NIFTY - In December, If Close above 2820-2850 then only Upside possible. may go upto 3120 and/or maximum 3500-3550. If unable to close above 2850 then downside may expect 2380 then 2080.

NIFTY

NIFTY - As expected (posted date 02 nov.), low range of 2500 reached last week. So now this is bottom for the next pullback that may go upto, at the best, maximum 3500 (in between resistance is part of the trade)

USD to INR

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If Indian Rupees Close above 50 another one or two days in a row then it may Marching towards 59-61 against U.S. Dollors.

NIFTY

NIFTY - November may be net up month, range between 2500 to 3500. This pullback may be top-out in December and fall may starts once again from there and it may continue upto January 2009 marching towards 2000-1800.