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Mumbai
ELLIOT WAVE AND FIBONACCI MAGIC NUMBERS FOR NIFTY SPOT

                        Date 08-09-2010 Wednesday

OUR NEXT BULL RUN MAGICAL SENSEX TGT-29302    DATE-12-10-2008  CUT AND PAST IN UR COMPUTER. BUT IT IS CORRECTIVE RALLY ONLY.

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ELLIOT WAVE AND FIBONACCI MAGIC NUMBERS FOR NIFTY SPOT .ALL TIME HIGH 6357 LOW 2253,LOW 2253 + RALLY UP TO 5388 (LOWER HIGH) TERMINATED, DOWN 3820 (HIGHER LOW) STRETCHED LOWER SIDE UP TO 3394 TERMINATED. THAN AGAIN RALLY UP TO 6150 STRETCHED HIGHER SIDE UP TO 6850 TERMINATED. DATE 15-03-2010

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08-09-2010 Wednesday  if Break and Close Below 5584-5551 then Bearish

DATE INDICATOR  GREEN- BULLISH   RED - BEARISH YELLOW- WAIT & WATCH 

TODAY'S MOST IMPORTANT 

RED ALERT: MAIN SUPPORT LEVEL IS 5511 IF NIFTY Break THEN AGAIN HEAVY SELLING CAN GET TO SEE.

Trading Stop Loss 5592 UP AND DOWN SIDE VISE VERSA.

Most Powerful Resistance 5597 IF CROSS AND HOLD FOR THREE CONSECUTIVE DAYS THEN 100% TGT 5840.

FIRST DAY CLOSE

HIGH ALERT:-IF NIFTY SPOT DO NOT HOLD 5365 AND 5350 THEN HEAVY TO HEAVY FALL CAN GET TO SEE.

<---Nifty Future--->

Buy Above @ For Subscribers only.

<---Nifty Future--->

Sell Below @ For Subscribers only.

Daily Tips:-   08-09-2010   SSL-  Strict Stop Loss

NIFTY SPOT RESISTANCE   1-5626, 2-5648, 3-5673. SUPPORT 1-5590, 2-5575, 3-5528.

SENSEX        RESISTANCE   1-18711, 2-18776, 3-18845. SUPPORT 1-18610, 2-18574, 3-17440.

BANKBARODA BUY ABOVE @ 832.6 TARGET 835.1 840 848 STOP LOSS 827.8
BANKBARODA SELL BELOW @ 827.8 TARGET 825.6 821 810 STOP LOSS 832.6
HINDALCO BUY ABOVE @ 181.7 TARGET 182.4 184 186 STOP LOSS 180.2
HINDALCO SELL BELOW @ 180.2 TARGET 179.4 178 174 STOP LOSS 181.7
HCLTECH SELL BELOW @ 401.0 TARGET 400.0 398 393 STOP LOSS 403.5
HCLTECH BUY ABOVE @ 403.5 TARGET 405.1 408 413 STOP LOSS 401.0
ITC SELL BELOW @ 165.7 TARGET 165.5 165 163 STOP LOSS 166.5
ITC BUY ABOVE @ 166.5 TARGET 167.0 168 169 STOP LOSS 165.7

 

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Note--- If market open green then buy our buying tips and If market open red then sell our sell tips.

ONLY TECHNICAL ANALYST CAN PREDICT THE MARKET TREND. IT'S 100%

GUARANTEE.

Monthly Trend ( 02-08-2009 to 31-08-2010 ) Volatile and Mix New

S3-5006,S2-5108,S1-5273 [NIFTY SPOT] R1-5414, R2-5580, R3-5682.

S3-16714, S2-17044, S1-17578 [SENSEX] R1-18034, R2-18568, R3-18898.

DISCLOSER: - Please kindly note that this is a purely technical advice as our family members or we haven't any share or not any open position of the companies shares as mentioned. We are not at all dealing with these companies.  

Disclaimer:

This opinions mentioned therein are for informational purposes and is not a recommendation or an offer or solicitation of an offer to any person with respect to the purchase or sale of the stocks/futures discussed in this report.
We (all the PSP editor’s) do not accept any liability arising from the use of this document

All technical chart and daily tips prepared for educational purposes only.

MFI editors

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DISCLOSER: - Please kindly note that this is a purely technical advice as our family members or we haven't any share or not any open position of the companies shares as mentioned. We are not at all dealing with these companies. This opinions mentioned therein are for informational purposes and is not a recommendation or an offer or solicitation of an offer to any person with respect to the purchase or sale of the stocks/futures discussed in this report. We (all the Market Future India's editor) do not accept any liability arising from the use of this document. All technical chart and daily tips prepared for educational purposes only.

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