Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

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Sunday, September 25, 2011

NIFTY WEEKLY TREND / TRADING LEVELS FOR THE WEEK AHEAD : 26/09/2011

 NIFTY ISN’T IN A PURE SELL OF MODE OR PURE RISK..WE CAN ASSUME ITS IN CONSOLIDATION PHASE & THE CORRECTION IN THE PREVIOUS WEEK WAS DUE TO GAP FILLING & ALSO IN PANIC FUELLED BY A SMALL % OF TECHNICAL CORRECTION..

THE WEEK AHEAD LOOKS POSITIVE FOR NIFTY FROM 2ND OR 3RD SESSION OF THE WEEK..BUT EARLY SESSION OR BEGINNING OF THE WEEK WE SHALL START WITH BEARISH MOOD..

Best buy (current resis) @ 4954 Actual resis & Best short level 5038..a break above 5080 upside tgt 5309.60/5393.50 ; a crack below 4772 downside tgt is 4682.80/4599

**The above initiated trend is firm & if there is any major opinions by analyst and once again if panic grips as a co incidence ..we shall update the trend reversal..un less then the above view its intact**

**Traders r advised to close long positions if get 5335 on upside & 4650 on the downside**

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