Archive for November, 2009


Monday, November 30th, 2009

Nifty Today

Monday Nifty Showed  strength in first half of the session & weakness in second half . Intraday resistance near 5060. Short term trend is up now. Metal stocks were the strongest today. Global market trend was directionless  during  Indian market hours.   Nifty moving  between  4920-5100 from last three weeks. Breakout from this range will start fresh trend .   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  6.80 Market Trends : [...]

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Satish Gupta , Delhi.

Friday, November 27th, 2009

Intraday chaos in market don’t disturb my mind, I can concentrate on my work now. Thanks to Swing Trading Calls.

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Friday, November 27th, 2009

Nifty Today

Friday Nifty opened with 100 points gap on downside & touched 4800 in next two hours. After 1pm there was a sharp recover. High volatility. Global market trend was down  during  Indian market hours.  Poor weekly closing.  Though Nifty has  tested and closed above  4930, chances of medium term downtrend remains high.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.30 Market Trends : Short  term trend [...]

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Thursday, November 26th, 2009

Nifty Today

Thursday Nifty failed to hold  intraday support of 5090 & then there was a crack. Short term trend of market  is down now. Global market trend was down  during  Indian market hours.  As mentioned on 23 November “Fresh Buy Signal will fail if Nifty closes bellow 5050″ . Nifty closed at  5005 on 26 November resulting in a panic on Friday morning. [...]

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Wednesday, November 25th, 2009

Nifty Today

Wednesday   Nifty intraday support 5100. Resistance near 5140.  FMCG stocks were stronger  than market  today . Global market trend was up  during  Indian market hours.  Experts might use “RIL Bonus” as an opportunity unload RIL.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.75 Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market will turn Down [...]

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Tuesday, November 24th, 2009

Nifty Today

Tuesday   Nifty intraday support 5060. Resistance near 5110.  Auto stocks were stronger  than market  today while metal stocks were weakre. Global market trend was down  during  Indian market hours.  Moderate chances of short term downtrend.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.60 Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market will turn Down [...]

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Monday, November 23rd, 2009

Nifty Today

Friday   Nifty intraday support 5090. Resistance near 5110.  RIL was stronger  than market  today. Global market trend was UP  during  Indian market hours.   Fresh buy signal by Nifty. Signal will prove  to be wrong on Nifty closing bellow 5050.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  1.2 Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term [...]

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Friday, November 20th, 2009

Nifty Today

Thursday

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Thursday, November 19th, 2009

Nifty Today

Thursday   Nifty faced selling pressure right from the start. Resistance near 5050. Short Term trend is down now. Metal &  Bank Stocks were weaker than market  today. Global market trend was Down during  Indian market hours.   Some stocks may bounce  tomorrow. Protect Profit on your investment.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.20   Market Trends : Short  term trend of market is Down.  Medium term [...]

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Wednesday, November 18th, 2009

Nifty Today

Wednesday   Nifty Support near 5050.  Resistance near 5075. Choppy day for market. Metal Stocks were strongest today. Global market trend was UP during  Indian market hours.  Market has formed a Compressed Day. Expect 2 to 5 % move on Up or Downside.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  1.00   Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term [...]

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