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Tuesday, October 30, 2012

Nifty Astro Technicals for Oct 30, 2012



The fall from 5698 to 5645 yesterday was nearly 100% retracement of the rise from 5642 to 5698.Technically, one more up move towards 5720 range seems to be pending.

6 comments:

  1. suresh,

    Thanks a lot for this chart which cleared up alot of doubts lingering.

    God bless, avinash.

    ReplyDelete
    Replies
    1. Thank you Avinash, for your comments.

      Warmly,

      Suresh

      Delete
  2. Wow! That was GREATTTTT! Today's Nifty move was yours...






    ReplyDelete
    Replies
    1. Thank you Raj for your comments. Still we have a long way to go. We need to understand to forecast Nifty (or any other stock/ index movements )consistently on an intra day basis.
      Your encouragement gives me the fortitude to continue my Examination..

      Warmly,

      Suresh

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  3. Thanks Suresh

    Really its Good !!
    request you to keep posting atleast one article a day either follow up or new one

    Regards

    ReplyDelete
    Replies
    1. Dear Horizon,

      I would love to, but time is a constraint for me.Last week literally I was living out of a suitcase, with several meetings thrown in between. I will do my best to increase my frequency.

      Warmly,


      Suresh

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