Nifty Weekly 29-03 Oct

By | September 27, 2008


3 thoughts on “Nifty Weekly 29-03 Oct

  1. Amitbhai Shah

    U are Right that Nifty has to make correction.

    Nifty Low on 775 4th dec 1996
    High on 6357 as on 8th jan 2008

    38% is 4224
    50% is 3566
    56% is 3200

    my email id is
    amit865@rediffmail.com

  2. Bramesh

    Hi AmitBhai

    According to 8 Year Bottom nifty will correct by 50-54% SO i have a tgt of 3200 (+- 100 points )

    Give me ur mail id we will have a discussion on this

  3. Amitbhai Shah

    Dear Bramesh,

    Nifty Head & Shoulder pattern is their or failed, as per Nifty chart
    Nifty is Making Wave 5 as per Elliot wave theory, and have PTI
    (Profit Taking index is 67)

    as per this market is heading towards 3200 it may take time of 3-4 months. Like Reliance, Reliance Petro, Tata Steel, Ranbaxy, Unitech they all are making Wave 5

    Need your comments

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