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Thursday, December 6, 2012

Nifty Astro Technicals for December 06, 2012

When Nifty touched 5919 today, it had achieved a retracement of 76.8% of the drop from November 08 2010 to December 20, 2011.Repeating once again what we had repeated several times,this D leg of Nifty can retrace up to 98% of the previous C leg.


The next important level to watch out for is 5977, which represents 80% of the retracement from
6338 to 4531.



6 comments:

  1. Hi suresh sir,
    your astro prediction is truly unique in the world of technicals. but here i want to know what is your astro prediction saying for market to touching new high, is it possible in this FY or Next & plz also suggest the level for the index.

    Intraday Nifty Levels

    ReplyDelete
    Replies
    1. Dear Ashish,
      Please see today`s blog post titled, " Nifty Astro Technicals -possible top formation"

      Warm Regards,


      Suresh

      Delete
  2. SIR,
    I LIKE YOUR VIEWS VERY MUCH, CAN U GIVE TRADING CALLS IN NIFTY.
    CHANDAN HYD

    ReplyDelete
    Replies
    1. Dear Chandan,
      My studies are very experimental. I do not think I have the expertise to start giving professional calls to people yet. Having said that, my studies have by and large helped me make money. Those studies are available here for all to use. I shall share with you, any specific situation which is potential good..where the risk reward ratio is very much favourable.

      Warm Regards,


      Suresh

      Delete
  3. Hi sir,
    you are of the rare breed which i rarely come across. But i feel that your technical analysis is better than astrology its my view only... may be because i don't know anything about astrology.HATS OFF to you.

    ReplyDelete
  4. Thanks Charan. Iam satisfied if any part of what I post is useful to you.

    Warm Regards,


    Suresh

    ReplyDelete