NIFTY VIEWS(7700 OR 5700)

NIFTY IS EXPECTED TO REMAIN IN BULLISH MODE FOR NEXT

WEEK

MAY POSSIBLY TEST 6900-20 RANGE TILL FRIDAY NEXT WEEK

6830-40 RANGE IS EXPECTED ON MONDAY

FROM THERE(NEAR 6900) NIFTY MAY GO INTO SOME DEEPER

CORRECTION OF NEAR 370PTS TOWARDS 6550-30 LEVELS

FROM THERE MAY BE KEPT IN TIGHT RANGE OF 6550-6750 TILL

ELECTION RESULTS ARE ANNOUNCED ON 16TH MAY 2014(NIFTY

PATH SHOWN IN GREEN LINES ON CHARTS)

DOW MAY ALSO SHOW SOME CORRECTION AGAIN PROBABLY

FROM TUESDAY NEXT WEEK

NIFTY MAY ONCE TEST NECKLINE OF INVERTED HEAD AND

SHOULDER PATTERN(SHOWN IN RED LINES ON CHARTS) NEAR 

6550 LEVELS AND THEN MAY MOVE UP SHARPLY TOWARDS 7700-

7800 RANGE

(OR NIFTY MAY EVEN ONCE GIVE A FALSE BREAKDOWN BELOW

6530 TO TRAP SHORTERS )

MY GUESS IS ON PRE ELECTION RESULT DATE (15TH MAY)NIFTY MAY BE

KEPT NEAR 6700 LEVELS AND AFTER RESULTS NIFTY MAY MAKE A

MOVE OF 1000 PTS EITHER SIDE IN FEW MONTHS

(NOT EXPECTING ANY UPPER CIRCUIT OR LOWER CIRCUIT)

7700 OR 5700????

MY VOTE FOR 7700

WHATS YOURS ??

PLZ CAST YOUR VOTE