Nifty views and levels

Nifty views for the day 19,April,2010

Nifty will be gap down opening.

Nifty will hit 5190-5186 -5175 .

Below 5186 Nifty chances for down side  around 5144-5110-5092-5049-5020.levels and takes support at any of these levels

In my previous Nifty views posting that i have said this point. below 5186 nifty will chances to reach 5020.Due to current planetary aspects/ transiting zones in the zodiac.and posted a graph with possible trend change dates.

But according to Technical charts..in weekly charts we are heading for new highs in coming weeks..Its a good buying opportunity for medium to long term investors those who are missed previous rally in my opinion.

Eswar

Disclaimer:- Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.

RBI Credit policy - Rx Mercury

A Great rule in Astrology

” If any New decision or policy is taken by any Govt or Individual Bodies in the world, during Retrograde Mercury period ,those decisions or policies will face alterations or modifications in later days.”

This rule also applies in individual Companies plans/ schemes and agreement between two companies/ individual persons if made  in retrograde Mercury period.

Now in the Zodiac Mercury enters its retrograde period

RBI credit policy review is due on 20th April 2010.

shall we expect any modifications/alterations in RBI’s credit policy (which will be announce on 20th ) in the Repo & Reverse Repo and  CRR  etc..in later days ?

My views:chances are there for some alterations/modifications in later days


Same time I am expecting a surprise from RBI and in its credit policy…
which will overrule all expectations or estimations in the markets/ public.

Eswar

Disclaimer:- Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.