Market Outlook On broder basis

Dear All,

We are presenting our analysis for coming week.

1. This for the first time we are talking about astro harmonic in Our Analysis , as per Astro harmonics , Time between 14 Sep to 18 Sep is Not good for market , Target can be seen at 4600, 4500, 4380 in coming week Cmp Nifty 4840.

We Advice to sell Short at 4840 with stoploss at 4915 on closing basis for target for 4680, 4600,4500, 4380.

2. As per classical Technical analysis that we use .........Market is capped at 4972 on upper range that mean any close above 4850 will lead us to 4972 range and a breakout above 4972 will give us a target of 5150--5350 levels.

If Nifty close below 4790 for two days we will head toward 4680-4600-4500--4380 levels.

So take postion accordingly........remember dont just trade but trade smart !!!!!!!!!!!!

Thanks & Regards

Abhay Mehrotra