Not only here but also in Moneycontrol Message Board the following was posted on Nifty on 28th Feb 2013@
Am confident of a big big bounce back in Nifty in the days to come which could take Nifty back to 6000 levels step by step. I see Nifty taking support somewhere near to 5608/5600 levels...this‘s the area from where this last rally got started. So no need to panic....I see excellent opportunity in this correction.
So as long 5600 is maintained am very positive for Nifty.
Kind Regards,
Manish Bothra,
Kolkata.
Am confident of a big big bounce back in Nifty in the days to come which could take Nifty back to 6000 levels step by step. I see Nifty taking support somewhere near to 5608/5600 levels...this‘s the area from where this last rally got started. So no need to panic....I see excellent opportunity in this correction.
So as long 5600 is maintained am very positive for Nifty.
Kind Regards,
Manish Bothra,
Kolkata.
So far from low of 5663.6 Nifty bounced back to 5952.85
This was at a time when various experts were giving levels of sub 5500 for the Nifty. Those who waited for those level couldn't even participate in the current rally. We don't comment on daily basis. We make sure that people remain informed and can take informed decision without panic. Earlier also in the event of big crisis we have delivered.
Check this out where the bottom for Nifty was predicted in sep-oct 2011 which eventually took place in Dec 2011@
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