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Thursday, 25 September 2014

NIfty September 2014 forecasting performance - 26 Sep 2014

Hi,

We fore-casted Nifty full one month in advance here : 

Below is point by point behavior of what actually happened in the markets : 

Time forecast

01st Sep 2014 - 09th Sep 2014 : Sideways to bullish ( mixed with bullish bias )




04th Sep 2014 - 05th Sep 2014 : Bearish



08th Sep 2014 - 09th Sep 2014 : Important turning point



08th Sep 2014 - 09th Sep 2014 : Bullish



10th Sep 2014 - 19th Sep 2014 : Sideways to bullish ( mixed with bullish bias )



20th Sep 2014 - 27th Sep 2014 : Sideways to bearish ( mixed with bearish bias ) 



Technical forecast

Nifty unlikely to break past 7931 - 7900.
8174 - 8200 would be very strong resistance, and is unlikely to get taken out in this expiry easily.



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