Saturday, September 30, 2017

Time Tuned Nifty : October 2017

Time Tuned Nifty

Time Tuned Nifty for October 2017

It has been a long time and I may still have to catch up with the developments and moves to be able to get in synch with Nifty.  However, I am trying to make a brief on what could happen in October 2017 and I am going to be really brief.  The dates I write will have a tolerance of a day on either side.  In addition, they would change, if there is a change in the current extremes that Nifty has made so far.

03 Oct 2017 - Low zone.  Possible to see 9720.
09 Oct 2017 - High zone.  Possible to see 9825/9974/10050/10110
17 Oct 2017 - Low zone.  Possible to see 10020/9780/9735/9570
31 Oct 2017 - Low zone.  Possible to see  10030/9730/9490

In extreme case, we may witness 9000 or a little lower either on 17 or 31 October.  A possibility for a dip to 8500 or lower in Sep-Oct next year exists, as long as the high remains intact.

The Possible News.  Markets nervous due forthcoming elections.  OR.   Poor reports by the Companies that form Nifty.  OR A rate hike by RBI????

All the best.