Signs of slowdown eyed in earnings deluge ,SENSEX, NIFTY CAN BOUNCE BACK this week

Oil prices receded on Friday record rally over $90 a barrel that was spurred on by winter supply worries and the weakening U.S. dollar.more chances it will go up for hedging against dollar weakness,inflation factor will come up...@100$ CRUDE OIL RANGE


Nifty has good support of 5050 mark

INDICATED EARLIER HIGHLY VOLATILE SCENARIO IN OCT,AND MARKET DOWN FROM RSI NEAR 80% RANGE OF INDEX

CAN BOUNCE BACK FROM RSI 57%- 60% RANGE

22Th Oct -+++ (GLOBAL MARKET NOT SUPPORTING BUT SCENARIO REFLECTS POSITIVE ENDING)

23Th Oct --++

24Th Oct -+++

25Th Oct -+++

26Th Oct ---- (IF T0DAYS RESEARCH IS CORRECT THEN COMING MONDAY MARKET WILL POSITIVE
OR VICE VERSE.

NOTE:
RUMOURS CAN CHANGE SCENE.