Archive for June 25th, 2010

Friday, June 25th, 2010

Nifty Technicals

www.trendstoady.in Observations & Possibilities: Nifty is in short term downtrend now. Recovery in some stocks possible if Nifty holds 5240 on Monday. Nifty has given poor weekly closing. Bears dominant above 5300 levels. Failure to hold 5200 may take Nifty to 5110 or 4950 levels. 5400 targets for Nifty’s intermediate uptrend. Moderate risk in fresh long [...]

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Friday, June 25th, 2010

NIFTY technicals

www.trendstoady.in Observations & Possibilities: High chances of short term downtrend. Nifty may test 5200. Historically Nifty has faced selling pressure after being direction-less above 5300. 5230 is important Nifty support on 25 June 10 . 5400 targets for Nifty’s intermediate uptrend. Moderate risk in fresh long term(1to 3years)investment. Market Technicals Market Breadth : 0.70 Market Trends : Short  term trend of market [...]

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