Nifty 12 August 2013 : My perceptions and my wait.

The resistance for the current rise should come at the green TL where a shorting is advised.

Nifty 04 August 2013 : Looks set for 5420

Posting the basic chart.  Details later...

Reliance Power : Hot for delivery...correction due.

Rpower could go down to make a new low .. possibly 58-55, where it becomes a long term buy and trend will reverse.  Details later.

Ranbaxy 29 Jul 2013 : Broken Down

I had written about Ranbaxy on 01 June 2013 at Mission 2020 for Ranbaxy.....Roughly Speaking and things did work out as expected.  However, today a very long term APF has been breached and if it is not regained soon, Ranbaxy may head towards 160-170. 

Nifty 23 July 2013 : An intermediate correction. Fall may commence any time.

I perceive that Nifty is in an ET and the present rise will be resisted near or slightly above 6100.  The chart below is the basis.