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Tuesday, 28 January 2014

Nifty january 2014 series analysis forecast for 29 january 2014 - 28 Jan 2014

Hi,

Today Nifty tanked 40 points and then rose sharply albeit unexpectedly to close above 6100. 

Clearly nifty is manipulated to close higher up on january 2014 expiry.

Traders are advised to buy Nifty for 2 days with stop loss of 6085 spot for target of 6200+.

Time wise Nifty will be in bear grip until 4th Feb 2014.

So after moving higher up, it is expected to fall back to todays low of 6085.

Just in case if you are not seeing the forecast section and other sections, make it a habit to check them regularly. See the top links of this blog http://blog.tracknifty.com .

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com