NIFTY LIKELY TO TOUCH 5800....!!!

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1. Bammidi.NageswaraRao ‏@BNRSTOCKS1m

   INDIAN MARKETS ARE SERIOUSLY UNWINDING THE LONG POSITIONS FOR WANT OF NEW TRIGGERS AND POLITICAL UNCERTAINTY ADDING. PREPARE FOR HDFC NEWS.

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2. Bammidi.NageswaraRao ‏@BNRSTOCKS10 Nov

   Markets struggling to distribute the weak stocks as the retail buyer interest has not emerged,buy NIFTY at 5950-80,RIL touches 828-32 range

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3. Bammidi.NageswaraRao ‏@BNRSTOCKS6 Nov

   INDIAN MARKETS ARE OVERHEATED AT LEAST IN LARGE CAP AREA. BE PATIENT TO CATCH THE STORY AT 5850-20 LEVELS.BUY ON DIPS IS STILL A GOOD STORY.

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4. Bammidi.NageswaraRao ‏@BNRSTOCKS1 Nov

   BE CAUTIOUS AT THE HIGHS, SECTOR ROTATION HAPPEN FROM"IT TO METALS" AND POWER SECTOR,TELE-INFRA, RIL,ESCORTS,RELCAP RELINFRA DO WELL,ENJOY!!

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5. Bammidi.NageswaraRao ‏@BNRSTOCKS29 Oct

   Nifty added 120 points on a No New good News. The FUTURE VIEW is all that matters whether market participants Carry OPTIMISM or PESSIMISM.

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7. Bammidi.NageswaraRao ‏@BNRSTOCKS28 Oct

   NIFTY IS CONSOLIDATING, WAITING FOR RBI POLICY AND WILL GO DOWN BUT GETS SUPPORT AT 5800 LEVEL.THE BEST BUY THEN WOULD BE JSWSTEEL AND WIPRO

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Surabhi Roy  |  Mumbai  

November 22, 2013 Last Updated at 14:50 IST

'Nifty can test 5,880 levels in coming days'

Check out the trading strategies for Nifty, CNX IT, rate-sensitive segments with Mudit Goyal, technical analyst, SMC GlobalCheck out the trading strategies for Nifty, CNX IT, rate-sensitive segmentswith Mudit Goyal, technical analyst, SMC Global.

SmartInvestor: The markets have nudged higher today after witnessing a sharp downslide for the last two trading sessions. Do you see the trend continuing or should one use the upside to exit? What are the important levels one should keep a tab on?
Mudit Goyal: As per the charts, markets found difficulty to breach the level of 6210 levels which was the 61.8% Fibonacci retracement levels of recent downside from 6340 to 5970 levels. It corrected sharply and entered in its earlier support zone of 5980-6070 levels.
Mudit Goyal: Breakout of 6070 can attract some buying upto 6180 levels and on the downside, Nifty can test the level of 5880 in coming days. Yes, one should use the upside for reducing their positions.
SmartInvestor: What are your top three BUY recommendations from the Nifty pack?

http://www.business-standard.com/article/markets/nifty-can-test-5-880-levels-in-coming-days-113112200602_1.html