January 22, 2009

Caution !!!! Expect New Lows.....





On weekly charts Nifty unable to
close above 61.8 % retracement level i.e 2981 (April, 2003-January,2008).









Monthly Pivot 1
Down 2650-2341-2111
Up 3189-3418-3727

Watch 2650 Carefully!!!








Monthly Pivot 1

Down 2426-2100-1692
Up 3160-3566-3894









Monthly Pivot 3
Down 2092-1300
UP 3839-4793










Nifty 2020

Nifty 1510 (Worst case )











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