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Archive for January 2nd, 2010

Saturday, January 2nd, 2010

Nifty Technical Analysis

Wednesday Nifty found its support near 5200. Intra day resistance for Nifty was near 5220. Capital Goods stocks were the strongest for the day while FMCG stocks were the weakest. Global market trend was up during Indian market hours.
Directionless week . Nifty trading with very low Volatility , lowest in last two years.
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Market Breadth : -
Market Trends : [...]

Tags: Breakout Stock, Daily Nifty Analysis, medium term trend, nifty support, volatility
Posted in Daily Updates | Comments »

**Previous Updates:** January 2010
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Disclaimer: The Calls made herein are for informational purpose and are not recommendations to any person to buy or sell any securities. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this column. Readers of this column those who buy or sell securities based on the information in this column are solely responsible for their actions. The author and his cliants may have positions in any of the stocks mentioned in this column.

Archive for January 2nd, 2010

Saturday, January 2nd, 2010

Nifty Technical Analysis

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