Friday NF made low @ 5926.10 and went higher upto 6008.95 and close @ 5950.9
Support @ 5905-5927.
Above 5957 NF will touch 5985 -6034-6062.
Note:
This is last quarter of 2013 so Above 5680. No problem for bulls if crosses 6034 then watch 6141
Close above 6141 will take NF upto 6300-6375-6700.
From high 6174.85 NF Already made low 5754.05. So I m not expecting downside below 5680. if any things went wrong then max it can slide upto 5474. but still minimum yearly closing of 2013 will be 6141
I have send comment for Nifty will go down up to 4777 before end of 2013 but you did not reply for the same
i had reply on 15th sept post comment
“I m expecting correction to start from 20th Sept 2013 but that can take Nifty maximum upto 5474.
Below 5474 Then only nifty can touch 4760-4622.”
But as Nifty spot made low @ 5700 which was crucial point , now quaterly monthly and yearly chart is showing highly bulish and we may touch 6700 till year end
Ravi Chauhan
Trader & Investor in Global Asset Classes
“Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics”.
ravichauhanreport 
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