Trends Today

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 trend of market will turn Down if market closes bellow 4930 & 16630 for Nifty & Sensex respectively.

Support levels for Nifty are  5060 , 5020, 4940 , 4900,  4855 , 4 700,  4670 , 4560 , 4520.

Resistance levels for Nifty are   5090 ,  5180 , 5550 , 6200.

Breakout  Stocks of the day :  Bharti Airtel.

 Reading Glossary is recommended for better understanding of this column.                                                                                                                                                  - 

Daily Trend Report Has an Eagle Eye

 The Proof ? 

See the Gains in our recommendations on 20 November 09 :

Adani Ent. 23% in four Weeks ,  Andhra Bank 20% in 5 weeks ,  Ashok Layland 29% in 5 weeks ,  Bharti Airtel Sell recommended at 400 now treding @ 288 ,  Dr. Reddy’s 16 % in 4 weeks ,  Gail 7% in 2 weeks , IDFC 10% IN two weeks ,  Infosys 5% in one week ,  JSW Steel 24% in 2 Weeks ,  LIC Hsg 9% in Two weeks ,  M&M 9% in Two weeks ,  Maruti 6% in two weeks ,  Reliance Capital 10% in Two weeks ,  RIL 5% in one week ,   Sesa Goa 10% in two weeks ,   SAIL 10% in two weeks ,   Tata Motors 10% in two weeks ,  Tata Steel 10% in two weeks ,  TCS 8% in two weeks ,  United Spirits 20% in two weeks , Wipro 10% in 6 weeks    

See other details and payment options on Product page.

Click on the Trend Report to see …

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This entry was posted on Monday, November 23rd, 2009 at 3:43 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.