Friday, October 26, 2012

Outlook for November 2012

Wishing all of you and family greetings for the festive season. Hope most of you managed to take advantage of the upswings in October and also book some profits in delivery based holdings.

Let us first review the charts of Nifty and BankNifty on daily basis as of EOD 25th October 2012

The upside seems capped at the moment and the only condition that can change this view is a close above 5944 on Nifty

Downside support levels have been mentioned in the Nifty EOD chart.

Enjoy the festivities and upsides till it lasts

Critical Dates for November '12 [+/- 1 Trading session for all dates below]

5th Nov '12
13th Nov '12
21st Nov '12

2 comments:

mantri deepak said...

Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check nifty

Suraj said...

Dear Nagrajji,

A very Happy Diwali to you & your family.

Regards
Suraj