NIFTY CHART    (Removed)

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S.Kotak

 

Dear Friends,

 just one day heavy fall and people started talking about correction and next levels.Technically, We shall be comfortable till Nifty do not break and stay below 50DMA for few days. 50 DMA levels being 4416.Nifty just break this level for one day and bounced back. Few more levels to be tested for huge correction which being

100 DMA = 4049
200 DMA = 3443
Once Nifty Close above 4553, we shall make a mind that we may get 4731-4840 Levels.Ok. We were talking abount Long term Nifty View . We Slipped into short term views.(1) Once Nifty Break earlier high of 6357.10 Next minimum level you can expect can be 10745..

 

YES,

 

 NIFTY LEVEL 10745...

Let Nifty Break 6357 in next 2-3 years........ You will get 10745 as First level

Now If no weightage changes take place in Component of Nifty and Sensex, I mean considering components of both as stagnent, you will get corresponding

 

SENSEX LEVEL  36237...

 

 

 

9825068211 /  9725068211

 

 

 

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Trading involves heavy risk we try to present opinions with best of our care and do not vouch for their

authenticity. You should access professional investment advice before taking decisions based on the

above. Investors are advised that this analysis is issued solely for informational purposes and is not to

be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to

the specific investment objectives, financial situation and the particular needs of any specific person 

who may receive this information. The information contained hereinabove is based on sources that we

believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a

complete statement or summary of the available data. Past performance is no guarantee of future

results. Any opinions expressed herein are statements of our judgment as of the date of publication

and are subject to change without notice.

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આભાર પત્ર ----------પ્રશાંત વાળા‏

From:	Prashant vala
Sent:	29 June 2009 18:26PM
To:	skotak@ki-trade.com; kotakinvestments@hotmail.com