´╗┐ Nifty - Weekly Technical Forecast

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Nifty - Weekly Technical Forecast





 

Here are my weekly technical forecast for Nifty - National Stock Exchange of India.

Nifty Weekly Forecast From Dec 10, 2012 - Expect Nifty for sudden debacle! (Expected Trading Range: 5355 - 6000)

Dec 07, 2012 - Nifty closed today at 5907.40.00 which is about 28 points up from the last week close of 5879.00 on Nov 30, 2012. Nifty was trading between 5838.90 and 5949.85 that is the swing of about 111 points.



Nifty Weekly Forecast From Dec 03, 2012 - Expect Nifty for sudden debacle! (Expected Trading Range: 5355 - 6000)

Nov 30, 2012 - Nifty closed today at 5879.00 which is about 252 points up from the last week close of 5626.60 on Nov 23, 2012. Nifty was trading between 5623.45 and 5885.00 that is the swing of about 262 points.



Nifty Weekly Forecast From Nov 26, 2012 - Nifty will fall back to 5330 (Expected Trading Range: 5279 - 5682)

Nov 23, 2012 - Nifty closed today at 5626.60 which is about 53 points up from the last week close of 5574.05 on Nov 16, 2012. Nifty was trading between 5548.35 and 5643.30 that is the swing of about 94 points.



Nifty Weekly Forecast From Nov 12, 2012 - Nifty to follow US market for direction (Expected Trading Range: 5279 - 5682)

Nov 09, 2012 - Nifty closed today at 5686.25 which is about 11 points down from the last week close of 5697.70 on Nov 02, 2012. Nifty was trading between 5677.75 and 5777.30 that is the swing of about 100 points.



Nifty Weekly Forecast From Nov 05, 2012 - US Presidential Election is in Focus! (Expected Trading Range: 5279 - 5787)

Nov 02, 2012 - Nifty closed today at 5697.70 which is about 33 points up from the last week close of 5664.30 on Oct 26, 2012. Nifty was trading between 5583.05 and 5711.30 that is the swing of about 128 points.



Nifty Weekly Forecast From Oct 29, 2012 - Nifty to follow US Market! (Expected Trading Range: 5279 - 5787)

Oct 26, 2012 - Nifty closed today at 5664.30 which is about 20 points down from the last week close of 5684.25 on Oct 19, 2012. Nifty was trading between 5641.75 and 5721.55 that is the swing of about 80 points.



Nifty Weekly Forecast From Oct 22, 2012 - Nifty to follow US Market! (Expected Trading Range: 5180 - 6000)

Oct 19, 2012 - Nifty closed today at 5684.25 which is about 8 points up from the last week close of 5676.05 on Oct 12, 2012. Nifty was trading between 5633.90 and 5722.50 that is the swing of about 89 points.



Nifty Weekly Forecast From Oct 15, 2012 - Market Moves based on Tax Plans of Obama vs Romney ! (Expected Trading Range: 5180 - 6000)

Oct 12, 2012 - Nifty closed today at 5676.05 which is about 71 points down from the last week close of 5746.95 on Oct 05, 2012. Nifty was trading between 5636.95 and 5751.85 that is the swing of about 115 points.



Nifty Weekly Forecast From Oct 08, 2012 - Market On Track to Test All Time High! (Expected Trading Range: 5180 - 6000)

Oct 05, 2012 - Nifty closed today at 5746.95 which is about 44 points up from the last week close of 5703.30 on Sep 28, 2012. Nifty was trading between 4888.20 and 5815.35 that is the swing of about 927 points. The huge swing caused by erroneous trades.



Nifty Weekly Forecast From Oct 01, 2012 - Market Crash Before or After US Presidential Election? (Expected Trading Range: 5180 - 5780)

Sep 28, 2012 - Nifty closed today at 5703.30 which is about 12 points up from the last week close of 5691.15 on Sep 21, 2012. Nifty was trading between 5638.65 and 5735.15 that is the swing of about 97 points.



Nifty Weekly Forecast From Sep 24, 2012 - Nifty to Follow US Market for direction! (Expected Trading Range: 5180 - 5780)

Sep 21, 2012 - Nifty closed today at 5691.15 which is about 114 points up from the last week close of 5577.65 on Sep 14, 2012. Nifty was trading between 5534.90 and 5720.00 that is the swing of about 185 points.

Nifty Weekly Forecast From Sep 17, 2012 - Nifty to Follow US Market for direction! (Expected Trading Range: 5160 - 5600)

Sep 14, 2012 - Nifty closed today at 5577.65 which is about 255 points up from the last week close of 5342.10 on Sep 07, 2012. Nifty was trading between 5322.10 and 5586.65 that is the swing of about 255 points.

Nifty Weekly Forecast From Sep 10, 2012 - Nifty to Follow US Market for direction! (Expected Trading Range: 5000 - 5400)

Sep 07, 2012 - Nifty closed today at 5342.10 which is about 84 points up from the last week close of 5258.50 on Aug 31, 2012. Nifty was trading between 5215.70 and 5347.15 that is the swing of about 131 points.

Nifty Weekly Forecast From Sep 03, 2012 - Focus changes to US Election and Job Numbers! (Expected Trading Range: 5000 - 5400)

Aug 31, 2012 - Nifty closed today at 5258.50 which is about 128 points down from the last week close of 5386.70 on Aug 24, 2012. Nifty was trading between 5238.90 and 5399.15 that is the swing of about 160 points.

Nifty Weekly Forecast From August 27, 2012 - Upside is limited but downside is huge! (Expected Trading Range: 5100 - 5500)

Aug 25, 2012 - Nifty closed today at 5386.70 which is about 20 points up from the last week close of 5366.30 on Aug 17, 2012. Nifty was trading between 5368.70 and 5448.60 that is the swing of about 80 points.

Nifty Weekly Forecast From August 20, 2012 - Perfect time to liquidate your long positions ? (Expected Trading Range: 5100 - 5400)

Aug 17, 2012 - Nifty closed today at 5366.30 which is about 46 points up from the last week close of 5320.40 on Aug 10, 2012. Nifty was trading between 5309.05 and 5399.95 that is the swing of about 91 points.

Nifty Weekly Forecast From August 13, 2012 - Perfect time to liquidate your long positions ? (Expected Trading Range: 5100 - 5400)

Aug 10, 2012 - Nifty closed today at 5320.40 which is about 105 points up from the last week close of 5125.70 on Aug 03, 2012. Nifty was trading between 5260.65 and 5377.60 that is the swing of about 117 points.

Nifty Weekly Forecast From August 6, 2012 - Fake Rally Will Continue? (Expected Trading Range: 5151 - 5351)

Aug 03, 2012 - Nifty closed today at 5125.70 which is about 116 points up from the last week close of 5099.85 on July 27, 2012. Nifty was trading between 5129.75 and 5246.35 that is the swing of about 117 points.

Nifty Weekly Forecast From July 30, 2012 - Market moved down to 200 days EMA! (Expected Trading Range: 4920 - 5151)

Jul 28, 2012 - Nifty closed today at 5099.85 which is about 105 points down from the last week close of 5205.10 on July 20, 2012. Nifty was trading between 5032.40 and 5164.20 that is the swing of 132 points.

Nifty Weekly Forecast From July 23, 2012 - Consolidating at these levels for deeper correction! (Expected Trading Range: 5100 - 5320)

Jul 20, 2012 - Nifty closed today at 5205.10 which is about 22 points down from the last week close of 5227.25 on July 13, 2012. Nifty was trading between 5169.05 and 5275.75 that is the swing of 89 points.

Nifty Weekly Forecast From July 16, 2012 - Market will continue to go down! (Expected Trading Range: 5100 - 5320)

Jul 13, 2012 - Nifty closed today at 5227.25 which is about 90 points down from the last week close of 5316.95 on July 06, 2012. Nifty was trading between 5216.85 and 5348.55 that is the swing of 132 points.

Nifty Weekly Forecast From July 09, 2012 - Go back to 200 days EMA! (Expected Trading Range: 5100 - 5320)

Jul 06, 2012 - Nifty closed today at 5316.95 which is about 38 points up from the last week close of 5278.90 on Jun 29, 2012. Nifty was trading between 5263.35 and 5333.65 that is the swing of 70 points.

Nifty Weekly Forecast From July 02, 2012 - Do not trust this rally! (Expected Trading Range: 4970 - 5300)

Jun 29, 2012 - Nifty closed today at 5278.90 which is about 133 points up from the last week close of 5146.05 on Jun 22, 2012. Nifty was trading between 5095.50 and 5286.25 that is the swing of 191 points.

Nifty Weekly Forecast From Jun 25, 2012 - Get Ready For Free Fall! (Expected Trading Range: 4970 - 5150)

Jun 22, 2012 - Nifty closed today at 5146.05 which is about 7 points up from the last week close of 5139.05 on Jun 15, 2012. Nifty was trading between 5041.70 and 5190.20 that is the swing of 149 points.

Nifty Weekly Forecast From Jun 18, 2012 - Not safe to hold long positions! (Expected Trading Range: 4970 - 5150)

Jun 15, 2012 - Nifty closed today at 5139.05 which is about 71 points up from the last week close of 5068.35 on Jun 08, 2012. Nifty was trading between 5015.15 and 5146.20 that is the swing of 131 points.

Nifty Weekly Forecast From Jun 11, 2012 - Range Bound Trading to Begin! (Expected Trading Range: 4970 - 5117)

Jun 08, 2012 - Nifty closed today at 5068.35 which is about 227 points up from the last week close of 4841.60 on Jun 01, 2012. Nifty was trading between 4770.35 and 5084.45 that is the swing of 314 points.

Nifty Weekly Forecast From Jun 04, 2012 - Market to bounce back from oversold condition (Expected Trading Range: 4718 - 5095)

Jun 01, 2012 - Nifty closed today at 4841.60 which is about 79 points down from the last week close of 4920.40 on May 25, 2012. Nifty was trading between 4831.75 and 5020.15 that is the swing of 188 points.

Nifty Weekly Forecast From May 28, 2012 - Market Rally to continue! (Expected Trading Range: 4718 - 5095)

May 25, 2012 - Nifty closed today at 4920.40 which is about 29 points up from the last week close of 4891.45 on May 18, 2012. Nifty was trading between 4803.95 and 4956.35 that is the swing of 152 points.

Nifty Weekly Forecast From May 21, 2012 - Market to set Huge Rally! (Expected Trading Range: 4718 - 5140)

May 18, 2012 - Nifty closed today at 4891.45 which is about 37 points down from the last week close of 4928.90 on May 11, 2012. Nifty was trading between 4788.95 and 4957.20 that is the swing of 168 points.

Nifty Weekly Forecast From May 14, 2012 - Market short term bottom near 4718? (Expected Trading Range: 4718 - 5000)

May 13, 2012 - Nifty closed today at 4928.90 which is about 158 points down (3.11%) from the last week close of 5085.85 on May 04, 2012. Nifty was trading between 4906.15 and 5114.70 that is the swing of 209 points.

Nifty Weekly Forecast From May 07, 2012 - Ready to go below 5000? (Expected Trading Range: 4718 - 5100)

May 04, 2012 - Nifty closed today at 5085.85 which is about 104 points down (2%) from the last week close of 5190.60 on Apr 27, 2012. Nifty was trading between 5070.60 add 5279.60 that is the swing of 209 points.

Nifty Weekly Forecast From April 30, 2012 - Market continues its down move! (Expected Trading Range: 4995 - 5229)

Apr 27, 2012 - Nifty closed today at 5190.60 which is about 100 points down (1.89%) from the last week close of 5290.85 on Apr 20, 2012. Nifty was trading between 5150.30 add 5310.55 that is the swing of 156.25 points.

Nifty Weekly Forecast From April 23, 2012 - Market is consolidating these levels before deep plunge! (Expected Trading Range: 4995 - 5254)

Apr 20, 2012 - Nifty closed today 5290.85 at which is about 83 points up (1.60%) from the last week close of 5207.45 on Apr 13, 2012. Nifty was trading between 5183.50 add 5342.45 that is the swing of 158.95 points.

Nifty Weekly Forecast From April 16, 2012 - Nifty Trading below its 200 days EMA! (Expected Trading Range: 4995 - 5254)

Apr 13, 2012 - Nifty closed today at 5207.45 which is about 115 points down (2.17%) from the last week close of 5322.90 on Apr 04, 2012. Nifty was trading between 5185.40 add 5306.75 that is the swing of 121.35 points. Note that Nifty was up by about 12.61% year to date in 2012.

Nifty Weekly Forecast From April 09, 2012 - Nifty retesting strongly on its 200 days EMA before free fall! (Expected Trading Range: 4995 - 5329)

Apr 04, 2012 - Nifty closed today at 5322.90 which is about 27 points up (0.52%) from the last week close of 5295.55 on Mar 30, 2012. Nifty was trading between 5278.80 add 5378.75 that is the swing of 99.95 points. Note that Nifty was up by about 15.11% year to date in 2012.

Nifty Weekly Forecast From April 02, 2012 - Nifty regained its 200 days EMA support level, part of retesting! (Expected Trading Range: 4995 - 5329)

Mar 30, 2012 - Nifty closed today at 5295.55 which is about 17 points up (0.33%) from the last week close of 5278.20 on Mar 23, 2012. Nifty was trading between 5135.95 add 5307.10 that is the swing of 171.15 points. Note that Nifty was up by about 14.52% year to date in 2012 and this week takes a break after being down for 5 consecutive weekly losses.

Nifty Weekly Forecast From March 26, 2012 - Indian Markets Continuing sell off for 5th consecutive week! (Expected Trading Range: 5078 - 5336)

Mar 23, 2012 - Nifty closed today at 5278.20 which is about 39 points down (0.73%) from the last week close of 5317.90 on Mar 16, 2012. Nifty was trading between 5,220.00 and 5,385.95 that is the swing of 166 points. Note that Nifty was up by about 14% year to date in 2012 and this week logs the 5th consecutive weekly loss on year 2012.

Nifty Weekly Forecast From March 19, 2012 - Indian Markets Leading the Downturn! (Expected Trading Range: 5208 - 5414)

Mar 16, 2012 - Nifty closed today at 5317.90 which is about 16 points down (0.29%) from the last week close of 5333.55 on Mar 09, 2012. Nifty was trading between 5305.00 - 5499.40 that is the swing of 194 points. Note that Nifty was up by about 15% year to date in 2012 and this week logs the 4th consecutive weekly loss on year 2012.

Nifty Weekly Forecast From March 12, 2012 - Get ready for free fall (Expected Trading Range: 5208 - 5414)

Mar 09, 2012 - Nifty closed today at 5333.55 which is about 26 points down (0.48%) from the last week close of 5359.35 on Mar 02, 2012. Nifty was trading between 5206.40 - 5344.50 that is the swing of 138 points. Note that Nifty was up by about 15% year to date in 2012 and this week logs the 3rd consecutive weekly loss on year 2012.

Nifty Weekly Forecast From March 05, 2012 - Retesting 200 days EMA 5248! (Expected Trading Range: 5208 - 5521)

Mar 02, 2012 - Nifty closed today at 5359.35 which is about 70 points down (1.29%) from the last week close of 5429.30 on Feb 24, 2012. Nifty was trading between 5297.50 - 5458.80 that is the swing of 161 points. Note that Nifty was up by about 15% year to date in 2012 and this week logs the second consecutive weekly loss on year 2012.

Nifty Weekly Forecast From Feb 27, 2012 - Moving towards 200 days EMA 5237 ? (Expected Trading Range: 5121 - 5607)

Feb 24, 2012 - Nifty closed today at 5429.30 which is about 135 points down (2.43%) from the last week close of 5564.30 on Feb 17, 2012. Nifty was trading between 5405.90 - 5629.95 which is about the swing of 224 points. Note that Nifty was up by about 17% year to date in 2012 and this week logs the first weekly loss on this year 2012.

Nifty Weekly Forecast From Feb 20, 2012 - 20% YTD Rally in Bear Market? (Expected Trading Range: 5121 - 5633)

Feb 17, 2012 - Nifty closed today at 5564.30 which is about 183 points up (3.39%) from the last week close of 5381.60 on Feb 10, 2012. Nifty was trading between 5351.40 - 5606.70 which is about the swing of 255 points. Note that Nifty was up by about 20% year to date in 2012.

Nifty Weekly Forecast From Feb 13, 2012 - What goes up must come down! (Expected Trading Range: 4868 - 5400)

Feb 10, 2012 - Nifty closed today at 5381.60 which is about 56 points up (1.05%) from the last week close of 5325.85 on Feb 03, 2012. Nifty was trading between 5322.95 - 5427.75 which is about the swing of 105 points.

Nifty Weekly Forecast From Feb 06, 2012 - Get ready for a free fall from 15% market rally this year! (Expected Trading Range: 4868 - 5360)

Feb 03, 2012 - Nifty closed today at 5325.85 which is about 121 points up (2.33%) from the last week close of 5204.70 on Jan 27, 2012. Nifty was trading between 5087.30 - 5334.85 which is about the swing of 248 points.

Nifty Weekly Forecast From Jan 30, 2012 - Nifty will fail to hold 200 days EMA? (Expected Trading Range: 4868 - 5232)

Jan 27, 2012 - Nifty closed today at 5204.70 which is about 156 points up (3.09%) from the last week close of 5048.60 on Jan 20, 2012. Nifty was trading between 5021.35 - 5217.00 which is about the swing of 196 points.

Nifty Weekly Forecast From Jan 23, 2012 - Get ready for free fall..! (Expected Trading Range: 4544 - 5100)

Jan 20, 2012 - Nifty closed today at 5048.60 which is about 183 points up (3.75%) from the last week close of 4866.00 on Jan 13, 2012. Nifty was trading between 4,827.05 and 5064.15 which is about the swing of 237 points.

Nifty Weekly Forecast From Jan 16, 2012 - Nifty to hold 50 days EMA? (Expected Trading Range: 4500 - 4892)

Jan 13, 2012 - Nifty closed today at 4866.00 which is about 112 points up (2.35%) from the last week close of 4754.10 on Jan 06, 2011. Nifty was trading between 4,768.25 and 4,898.85 which is about the swing of 131 points.

Nifty Weekly Forecast From Jan 09, 2012 - Hedge your Long Postions (Expected Trading Range: 4500 - 4847)

Jan 06, 2011 - Nifty closed today at 4754.10 which is about 130 points up (2.81%) from the last week close of 4624.30 on Dec 30, 2011. Nifty was trading between 4,588.05 and 4,794.90 which is about the swing of 206.85 points.

Nifty Weekly Forecast From Jan 02, 2012 - Start accumulating Long Positions (Expected Trading Range: 4500 - 4872)

Dec 30, 2011 - Nifty closed today at 4624.30 which is about 90 points down (1.90%) from the last week close of 4714.00 on Dec 23, 2011. Nifty was trading between 4608.90 and 4800.50 which is about the swing of 192 points.

Nifty Weekly Forecast From Dec 26, 2011 - Start accumulating Long Positions (Expected Trading Range: 4500 - 4910)

Dec 23, 2011 - Nifty closed today at 4714.00 which is about 62 points up from (1.34%) from the last week close of 4651.60 on Dec 16, 2011. Nifty was trading between 4531.15 and 4763.45 which is about the swing of 232 points.

Nifty Weekly Forecast From Dec 19, 2011 - Play Safe - No more short positions on Nifty (Expected Trading Range: 4500 - 4873)

Dec 16, 2011 - Nifty closed today at 4651.60 which is about 215 points down from (4.42%) from the last week close of 4866.70 on Dec 09, 2011. Nifty was trading between 4628.20 and 4910.25 which is about the swing of 282 points.

Nifty Weekly Forecast From Dec 12, 2011 - Nifty to enter range bound trading (Expected Trading Range: 4600 - 5015)

Dec 09, 2011 - Nifty closed today at 4866.70 which is about 183 points from (3.72%) from the last week close of 5050.15 on Dec 02, 2011. Nifty was trading between 4841.75 and 5099.25 which is about the swing of 258 points.

Nifty Weekly Forecast From Dec 05, 2011 - Liquidate Long positions and Accumulate Short Positions (Expected Trading Range: 4600 - 5100)

Dec 02, 2011 - Nifty Closed today at 5050.15 which is about 340 points down (7.22%) from the last week close of 4,710.05 on Nov 25, 2011. Nifty was trading in between 4754.80 and 5062.55 which is about the swing of 308 points.

As I mentioned in the last week forecast - Time to enjoy bear market rally happened so fast. It is the time to liquidate your long positions and accumulate short poistions.

Nifty Weekly Forecast From Nov 28, 2011 - Time to go long to enjoy Bear Market Rally (Expected Trading Range: 4546 - 5049)

Nov 25, 2011 - Nifty Closed today at 4,710.05 which is about 195 points down (3.99%) from the last week close of 4,905.80 on Nov 18, 2011. Nifty was trading in between 4873.80 and 4639.10 which is about the swing of 234 points. Notice that in the last two weeks (10 trading sessions), Nifty was down by 458 points which 8.88%. It is the time to expect a bear market rally, even market may seek the next support level of 4000 set on Jul 10, 2009.

Nifty Weekly Forecast From Nov 21, 2011 - Cover Short Position and Plan for Bear Market Rally (Expected Trading Range: 4747 - 5115)

Nov 18, 2011 - Nifty Closed today at 4,905.80 which is about 263 points down (5.09%) from the last week close of 5168.85 on Nov 11, 2011. Nifty was trading in between 5,228.90 and 4,837.95 which is about the swing of 391 points.

Nifty Weekly Forecast From Nov 14, 2011 - Hold your Short Position (Expected Trading Range: 4747 - 5225)

Nov 11, 2011 - Nifty Closed today at 5168.85 which is about 115 points down (2.19%) from the last week close of 5284.20 on Nov 04, 2011. Nifty was trading in between 5304.25 and 5142.25 which is about the swing of 162 points.

Nifty Weekly Forecast From Nov 07, 2011 - Hold / Accumulate your Short Position (Expected Trading Range: 4747 - 5405)

Nov 04, 2011 - Nifty Closed today at 5284.20 which is about 76 points down (1.43%) from the last week close of 5360.70 on Oct 28, 2011. Nifty was trading in between 5360.25 and 5201.85 which is about the swing of 158 points.

Nifty Weekly Forecast From Oct 31, 2011 - Short the market in overbought condition (Expected Trading Range: 4747 - 5410)

Oct 28, 2011 - Nifty Closed today at 5360.70 which is 311 points up (6.10%) from the last week close of 5049.95 on Oct 21, 2011. Nifty was trading in between 5,084.75 and 5,399.70 which is about the swing of 315 points.


Nifty Weekly Forecast From Oct 24, 2011 - Rangebound Trading Continues.. (Expected Trading Range: 4747 - 5153)

Oct 21, 2011 - Nifty Closed today at 5049.95 which is 82 points down from the last week close of 5132.30 on Oct 14, 2011. Nifty was trading in between 5033.95 and 5160.20 which is about the swing of 126 points.

Nifty Weekly Forecast From Oct 17, 2011 - Bear Market Rally will collapse (Expected Trading Range: 4747 - 5153)

Oct 14, 2011 - Nifty Closed today at 5132.3 which is 244 points (5%) up from the last week close of 4888.05 on Oct 7, 2011. Nifty was trading in between 4,882.05 and 5,141.40 which is about the swing of 259 points.

Nifty Weekly Forecast From Oct 10, 2011 - Asset Rotation Will Continue until we reach double dip (4747 - 5001)

Oct 07, 2011 - Nifty Closed today at 4888.05 which is 55 points down from the last week close of 4943.25 on Sep 30, 2011. Nifty was trading in between 4728.3 and 4922.6 which is about the swing of 194 points in a holiday shortend week.

Nifty Forecast From Oct 03, 2011 - Market may free fall to 4000 by breaking its support level? (4747 - 5115)

Sep 30, 2011 - Nifty Closed today at 4943.25 which is about 76 points up from the last week close of 4867.75 on Sep 23, 2011. Nifty gained 1.551% for this week. Nifty was trading in between 4758.85 and 5034.25 which is about the swing of 275 points.

Nifty Forecast From Sep 26, 2011 - Get Ready For Bear Market Rally (4747 - 5153)

Sep 23, 2011 - Nifty Closed today at 4867.75 which is about 216 points down from the last week close of 5084.25 on Sep 16, 2011. Nifty lost 4.258% for this week. Besides Nifty experienced a huge swing for this week starting with a rally in the early week and followed by a huge sell off triggered by FOMC announcement on Wed Sep 21, 2011. Nifty was trading in between 4,829.60 and 5,168.40 which is about the swing of 339 points that is 6.5% from the top.

Nifty Forecast From Sep 19, 2011 - Market in range bound trading (4940 - 5183)

Sep 16, 2011 - Nifty Closed today at 5084.25 which is about 25 points up from the last week close of 5059.45 on Sep 09, 2011. Even though weekly gain is almost flat, Nifty experienced a huge sell off in the begining of the week and followed by short covering rally on in the late week. Nifty was trading in between 4,911.05 and 5,143.60 which is about the swing of 233 points.

Nifty Forecast From Sep 12, 2011 - Market to be highly volatile and range bound trading

Sep 09, 2011 - Nifty Closed today at 5059.45 which is about 20 points up from the last week close of 5040.0 on Sep 02, 2011. Even though weekly gain is almost flat, Nifty experienced a huge rally in the begining of the week and followed by a sell off on Friday. Nifty was trading in between 4942.90 and 5169.25 which is about the swing of 226 points.

Nifty Forecast From Sep 05, 2011 - Amazing 6% rally will continue?

Sep 02, 2011 - Nifty Closed today at 5040.0 which is about 292 points up from the last week close of 4747.80 on August 26, 2011. With holiday shortened 3 trading days, the rally is amazing.

Nifty Forecast From Aug 29, 2011 - Market is consolidating at current levels for a big rally

August 26, 2011 - Nifty Closed today at 4747.80 which is about 98 points down from the last week close of 4845.65 on August 19, 2011. Currently Nifty technical and support levels suggest to cover your short positions completely. You can start buying with the current levels with caution.

Nifty Forecast From Aug 22, 2011 - Time to START taking long positions

August 19, 2011 - Nifty Closed today at 4845.65 which is about 227 points down from the last week close of 5072.95 on August 12, 2011. Currently Nifty technical and support levels suggest to cover your short positions completely. You can start buying with the current levels with caution.

Nifty Forecast From Aug 15, 2011 - Time to go long after retesting 4800-4900 again

August 12, 2011 - Nifty Closed today at 5072.95 which is about 138 points down from the last week close of 5211.25 on August 05, 2011. Even the weekly close is down by just 138 points, Indian market experienced a wild swing along with US and Europe markets.


Nifty Forecast From Aug 08, 2011 - Expect a relief rally from oversold condition

August 05, 2011 - Nifty Closed today at 5,211.25 which is about 271 points down (close to 5%) from the last week close of 5482.00 on July 29, 2011.

Nifty Forecast From Aug 01, 2011 - Free Fall to next support level 5225

July 22, 2011 - Nifty Closed today at 5482.00 which is about 152 points down from the last week close of 5633.95 on July 22, 2011.

Nifty Forecast From Jul 25, 2011- Short Stocks with Hedging

July 15, 2011 - Nifty Closed today at 5633.95 which is about 52 points down from the last week close of 5581.10 on July 15, 2011.


Nifty Forecast From Jul 18, 2011 - Nifty to be in rangebound trading

July 15, 2011 - Nifty Closed today at 5,581.10 which is about 80 points from the last week close of 5,660.65 on July 08, 2011.


Nifty Forecast From Jul 11, 2011 - Sudden debacle is more likely in the market

July 08, 2011 - Nifty Closed today at 5660.65 which is 33.45 points above from the last week close of 5,627.20 on July 01, 2011. Nifty strong technicals once again pushed index towards bull run. On Last Friday, Nifty had a swing of close to 90 points, but it went down with closing of 5660.65 with moderate weekly gains.