Monday, June 2, 2008

Nifty Update - Next Turning Point June 11 - Tanmoy Ghosh

Nifty spot will now find a very strong support at 4635.55, after which it is going to hit a minimum spot level of 5177 within one week. On June 11 (plus or minus one day), market will change its present direction. I had earlier predicted April 17 and May 22 as a turning point, and the market has behaved as said. Similarly, June 11 is another turning point.

If Nifty crosses above 4786.80 tomorrow, it will be positive, and below this level it will be negative.


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