From the Diwali High of 6343(3-11-13) Nifty declined to 5972(13-11-13), retraced up to 6212(19-11-13) and declined again to 5972(22-11-13). After that Nifty is moving up towards Diwali High and reached 6301(5-12-13) on exit poll results of 5 state assemblies including Delhi. The real results of Rajasthan, Madhya Pradesh, Chhattisgarh and Delhi will be out on Sunday, the 8th December, 2013 and Nifty may move up again and create new all time highs on Monday. Mizoram result is also due on Monday. Close above 6355 is required to maintain this upward momentum.
The stages above 6355 are given below
4 comments:
The site is not being up dated Sir.I hope you are OK
Dear Bala,
Health problems of Nandi and his family put limitations on the updates. However, it is interesting to note that the posted dated 6th December 2013 holds good even at the end of 2013. Will Nifty move above 6355 and maintain it at close again is the prime question up to 1st Jan 2014. On 2nd expect a down move.
thank you sir
Dear Nandi
Wishing you and your family very very Happy & Prosperous NEW YEAR
Best Regards
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