>Nifty bearish scenario

Hi friends,
                   The nifty has been in a down move for quite some time now .Its been a slow drag
with in between fast bouts of dump.
Wave wise looking at structure on a weekly chart it suggests we could be in for a serious damage

in coming months after a relief rally ,I would suggest to book profits in coming rises and come out from struck positions after some relief.
We could be in making of big ABC structure which if materializes can seriously damage ones portfolio ,Would rather say has already damaged ,Ask someone having midcap portfolio.
Coming back to charts nifty is forming a squeeze which should give a relief rally in some time
Nifty support lies in 5470-5400 range

>Nifty january expiry..

Hi friends,
                Nifty continues to hover near 6050 i feel a upside push is waiting to happen 

towards 6080-6100+ at least to finish the pattern   tomorrow being expiry day
6100 call or on breakdown 6000 put looks hero or zero bet.
I would reckon if 6000 is held today i would be betting for 6100 or safer bet 6000 call.
happy expiry speculation:)...

>Nifty elliot wave january 2013

Hi Friends,
                 As the following chart shows  we are witnessing a impulse from 5620
The chart has been labeled which suggests we in 5 th of the impulse started from 5620. 

      The 5th could very well be evolving in the ending diagonal on hourly chart ,As we see its 
a combination of 3's every where in 5th wave by this we can say  if 6010 holds in futures 
we can witness another up before a abc fall can start else if 6010 goes before rise ,That means 
the impulse got over at todays high.            



RESEARCH REPORTS

Hello Friends..

Hi friends,
                  I would be actively posting my analysis and calls again.
Almost after a year,
Happy blogging.

RESEARCH REPORTS