Archive for May, 2010


Monday, May 31st, 2010

Market watch

Observations & Possibilities: Expecting  2 to 5 % move in next few days. 4960/5180 possible. 5040 is  important support. 5180 & 5400 levels or previous tops  are possible but difficult targets for Nifty. This is a testing time for bulls as the area between 5070 to 5130 is a dangerous supply zone. On 25 May  Nifty has [...]

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Friday, May 28th, 2010

Nifty technicals

Observations & Possibilities: Nifty has started a  fresh intermediate up trend. 5180 & 5400 levels or previous tops  are possible but difficult targets for Nifty. This is a testing time for bulls as the area between 5070 to 5130 is a dangerous supply zone. This area is on the radar of every analyst. A breakout  is needed [...]

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Thursday, May 27th, 2010

Nifty Chart Analysis

Observations & Possibilities: Nifty may test 5035 level. Closing above 5035 will start fresh intermediate up trend. That will bring 5180 & 5400 level in picture for Nifty. The red trend line in chart is supply zone for Nifty , roughly 5050 to 5100 range. Moderate risk for fresh long term investment. Fresh Long Term bearish stocks [...]

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Wednesday, May 26th, 2010

Breakout stocks+nifty

www.trendstoday.in Observations & Possibilities: Nifty is in short term uptrend now. Nifty may give sharp move tomorrow. 4875 important support. Nifty may test 5035 level. 4620 is  the second target  for this downtrend of Nifty. Moderate risk for fresh long term investment. Fresh Long Term bearish stocks : Rajesh Export Market Technicals:o Market Breadth : 1.60 Market [...]

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Tuesday, May 25th, 2010

Nifty Bhavishya

Observations & Possibilities: Nifty has turned bearish for long term today. 4620 is  the second target in short term for Nifty. 4200 is possible in few months  on NIfty. Intermediate trend of Nifty will turn UP if  it  closes above 5035. Moderate risk for fresh long term investment. Fresh Long Term bearish stocks : Tata Power , Ranbaxy , Praj [...]

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Monday, May 24th, 2010

stock charts india

www.trendstoday.in Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Chances of dull market in coming days. Nifty failed to sustain above 4980. 4620 is second target in short term for Nifty. 4200 possible in few months  on NIfty. Intermediate trend of Nifty will turn UP if  it  closes above 5105. Fresh Long Term bearish stocks [...]

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Friday, May 21st, 2010

Nifty Target

Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Nifty hit our target of 4850 today. Sharp Short covering is possible if Nifty sustains above 4980. 4620 is second target in short term for Nifty. 4200 possible in few months  on NIfty. Intermediate trend of Nifty will turn UP if  it  closes above 5105. Fresh Long [...]

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Thursday, May 20th, 2010

support and reisistance

www.trendstoday.in Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Pause in the downtrend of market seen today. Short covering possible above 5000 level on Nifty. On downside 4850 & 4620 levels are possible in short term for Nifty. 4200 possible in few months  on NIfty. Intermediate trend of Nifty will turn UP if  it  closes [...]

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Wednesday, May 19th, 2010

Market watch

Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Nifty has broken 4960 decisively. In short term 4850 & 4620 levels are possible on downside for Nifty. 4200 possible in few months  on NIfty. Intermediate trend of Nifty will turn UP if  it  closes above 5210. The  red trend line in the chart is important supply zone. [...]

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Tuesday, May 18th, 2010

Free Nifty analysis

Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Nifty Directionless in short term. Sideways movement possible in coming days. Many large cap  stocks are on verge of  being long term bearish. 4850 & 4620 levels are possible on downside for Nifty . Intermediate trend of Nifty will turn UP if  it  closes above 5210. [...]

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