Archive for December 24th, 2009


Thursday, December 24th, 2009

Nifty Today

Thursday Nifty was trading in the zone of  resistance  5140-5190. It failed to close above 5180 & start Intermediate uptrend. Intra day support for Nifty was  near 5130. Auto  stocks were the strongest for the day. Global market trend was up during  Indian market hours.  If  Nifty closes above 5180 then the probable targets will be [...]

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Thursday, December 24th, 2009

Nifty Today

Wednesday Nifty was an example of classic trending day.  IT  stocks were the strongest for the day. Global market trend was up during  Indian market hours.  As mentioned on Monday market has started a short term up trend. Lets see what happens at 5180 , the level above which the Intermediate trend will turn up. -                                                                                                                         [...]

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