NIFTY FOR MAY 2008

TODAY MAY 01 – 2008

NIFTY CAN HIT 5300 – 5400 AND FINAL TARGET 5500

TODAY APRIL 27TH 2008

NIFTY WILL TOP NEAR 5160 AND THAN SHOULD HIT 4780 – 4760

IF NIFTY CLOSES BELOW 4925 THAN WE CAN SEE 4830 – 4670

IF NIFTY CLOSES BELOW 4625 THAN WE CAN SEE 4460 – 4310

THE PRESENT CONDITIONS ARE SUCH THAT THE GOVERNMENT IS WAITING FOR EACH AND EVERY OPPOURTUNITY TO COMBAT INFLATION. NEXT IS FED RATE CUT WHICH I THINK SHOULD NOT HAPPEN. THIS WILL CRASH THE COMMODITY MARKET.

CRUDE OIL SHOULD COME TO $108 – $99 – $90

GOLD $880 – $770

DOW HAS CLOSED ABOVE THE RESISTANCE LEVEL WHICH IS A GOOD SIGN.