Wednesday, 19 October 2011

Summary reports of Nifty & Bank Nifty for 19th Oct


Nifty Future boldly suggested to go long in the morning. Specifically and clearly mentioned above 5063 it will once again retest 5141-5157. Verify, it Opened at 5070 and the low was also 5070 and it rushed to make a high of 5157.50 precise to the resistance mentioned of 5157. Just look at the supremacy of charts and the precision of influencing levels. Hope all my subscribers enjoyed and took the advantage of my advanced analysis. My subscribers received pre-market mail to buy Nifty future at opening bell and also booked profits at the end.
Bank Nifty Future clearly mentioned the resistance at 9685 and sustenance above will rush towards 9788. Few closes above 9684 will definitely target 9954. Verify Bank Nifty future Opens at 9673 where the Low was also placed once it crossed 9685 it rushed for a panic buying to touch 9788 then more ahead for 9865. 9954 still seems to be waiting.

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