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Monday, 20 October 2014

Nifty forecast for the week 20th October - 24th October 2014


Nifty is likely to remain sideways in this pre-expiry week surprising many.

When it will rise, all will think it will zoom sharply higher, which it wont.

When it will fall, all will think it will fall sharply lower, which again it wont.

This week it will remain in the range 7925 - 7800.

Expiry week will be super bullish and 8000 is not ruled out.

Focus on 7850 PE / CE October 2014 series only.

Anjum S Khan