If the Month close is below 6176.1 there is high chance for Nifty to go towards 5850 in Feb, 2014.
This was posted on
Monday, January 27, 2014
Nifty Spot has prepared the ground for the following initial targets in Feb, 2014 with inbetween oversold pullbacks.
Target1 = 6079.95 (Achieved)
Target2 = 5985.45
Target3 = 5914.05
Let us see how far and how soon to find out what could be the next moves. Charts were suggesting this kind of correction expectancy since long.
Posted by Sandip Pal at 4:59 PM
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