Guest guest Posted December 21, 2009 Report Share Posted December 21, 2009 Prediction for share market for 22.12.2009 Resistances 4964, 4985, 5020, 5040 Supports 4930, 4910, 4875, 4860 Tomorrow, 22.12.09, rahu, mangal & sani will play an important role in the share market. The share market will be news driven, volatile with sudden spurts of up and down movement in the share market. Rahu in transit is debilated, it has the capability to suddenly rise or fall and with the day beginning with rahu's effect, sudden volatility will be seen in the market. Mangal will provide the requisite energy, but mangal in retrogation will not be able to provide the positive support to the market. Hence market on 22.12.09 will be news driven, very volatile, will also correct. Technical view: Nifty has broken the crucial support of 5030 and now has a second crucial support at 4940.00. If this second crucial support is broken, then the next support will be at 4806. Nifty is getting carried away by global clues and global clues are not very positive. With Christmas Eve around, the markets worldwide will be of lack luster hence volatility will be very high with wild swings. This current short correction will again give a buying opportunity to market players. It is also very unlikely that nifty will hold on to the support of 4940, but there is also a possibility in intraday, nifty will give a sudden spike and then correct again. When this happens, the fall will be more of a sudden nature. Then next support of 4806 will become more crucial. The down trend will continue for some more time, till 24th. HARESH(HARRY)NATHANI VEDIC ASTROLOGER CELL +91 9867214103 Subscribe on this link <http://in.Chandra-AdityaAstroRemedies> http://in.Chandra-AdityaAstroRemedies For Professional Paid Consultancy mail request for charges to <haresh1405/hareshgnathani haresh1405/hareshgnathani or call +91 9867214103 Skype id haree14 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.