>Nifty view

Nifty has turned volatile and range bound in a range and its not easy
to squeeze in a trade its good to sit out till a range break emerges.
Ending diagonal view holds true if we test 4850-88 and reverse back violently
Sectors are not moving in unison so its better to give time to nifty .
The view of the big abc would be activated if 4888 is taken out .
Two counts had posted earlier were
NIFTY1
NIFTY2
Nifty1 is big abc view
Nifty 2 is ending diagonal view
RESEARCH REPORTS

>Indian stock market outlook for year 2012

Year 2011 was a troublesome year as far as equity market is concerned.
2011 saw nifty correcting 25% from a high of 6181 to a low of 4531.
Year 2011 was not a trending market it unfolded in complex waves
which rises or reverses without giving much confirmation or clues.
We witnessed steep falls followed by steep rises ,With rises competing
with falls in speed.
Year 2011 saw nifty unfolding in WXYXZ with Z entering in year 2012
which is the last leg of this complex 5 waves.Here the classic similarity
between alternate X wave retraced previous complex wave by 60% and
above which shows us how tedious was it for a short term trader to trade.
The above chart shows the respective waves.

Year 2012 is expected to be trending market
as compared to year 2011 we should witness good rally after we finish Z which should
see many value and badly beaten midcap stocks to rise back considerably ,Would be
concentrating on infra segment ,Indian story depends lot on this sector.To sum up
wxyxz should finish a A of larger degree should see a big B unfolding after that,
Would elaborate more on this as the wave starts to unfold,Overall this year should
give good trading opportunity to a shrewd trader.
RESEARCH REPORTS