Three probabilities for NIFTY FUTURE... for the YEAR 2011
These are the 3 Probabilities for Nifty Future :101% Not for Day or Swing Traders.
-View for writing is for Short to Medium Term Trend only-
Three Consecutive close below 5726+ Weekly close will take to 5414 & there after expect Panic upto 5051 level.
Hurdles for NF at 6255.It will have to cross and close above this level only weekly basis then only will show strength.There after only real Strength will start.Target of 6800+ not ruled out.
Above levels will be valid for whole 2011
Once Breaks and closes below 5728 level
(Decisive close for 2-3 days ) then from 1:1 ratio
We see NF crashing upto 5588
From 1.618 ratio :Expect slide upto 5203 level.
We see Start of Complete correction from 4786 to 6349
Three Consecutive close below 4786+ Weekly close will take to
5567—5467 & there after ???
One thing is sure ,From recent top of 6349 or from 6210 …the fall u had seen is just trailor.
-Real Bear Phase or Panic will start below 5728 level (This forecast or Prediction is not for Day or Swing Traders )
-Below 5700 …Bears will kill this market or will upperhand.Bulls will face major Hurdle at 6300 level for whole Year.
Anything else u want to know ?
