Monday, October 14, 2013

Initial Targets With running corrections

Market Extremely Overbought  & hence tried for time correction.  Will there be another Gap Up tomorrow ? Let us see.

If any immediate correction it may start after making a high above 6142 in 1 or 2 days.

Initial Targets for

Nifty Spot
6227 / 6253 / 6277

Nifty Future
6257 / 6279 / 6302

Sensex
21026 / 21100 / 21190

Market will try to give some correction after reaching these levels first or middle points or maximum after reaching the high point

Nifty Likely to reach around 6600-6700-6800 by Jan, 2014 and may see major correction from there.

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