Archive for July, 2010


Friday, July 30th, 2010

nifty outlook for next week

Reading Glossary recommended for better understanding of  this column. Long term nifty Chart is at the end of this column. Nifty remains in the trading range of 5350-5460. See blue dotted trendlines showing the range in the chart bellow.

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Wednesday, July 28th, 2010

FREE NIFTY technicals

Reading Glossary recommended for better understanding of  this column. Long term nifty Chart at the end of this column. Market  Technicals Nifty support & nifty resistance at the end of the column. Nifty technicals Nifty remains in a trading range of 5350 – 5460. See the nifty trendlines in the chart. Indian market breadth bearish.

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Tuesday, July 27th, 2010

Nifty Technicals

Reading Glossary recommended for better understanding of this column. Nifty technicals. Thanks to www.freedighitalphotos.net for all images. Lets see in which direction Nifty breaks the trading range shown by two blue dotted trend lines in the chart above ( 5350-5460). Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. The same [...]

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Monday, July 26th, 2010

nifty technicals

Reading Glossary recommended for better understanding of this column. Lets wait and see in which direction Nifty breaks the trading range shown by two blue dotted trend lines( 5350-5460). Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level , the same oscillator is not supporting the Nifty’s up move above 5380. [...]

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Saturday, July 24th, 2010

NIFTY technicals

Reading Glossary recommended for better understanding of this column. Nifty hit our first target of 5460. Second target , 5620 which is difficult but possible. Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. Important support to watch on Nifty is  5400. The red line of the channel  in the long term Nifty [...]

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Friday, July 23rd, 2010

nifty outlook for next week

Reading Glossary recommended for better understanding of this column. Nifty hit our first target of 5460. Second target , 5620 which is difficult but possible. Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. Important support to watch on Nifty is  5400. The red line of the channel  in the long term [...]

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Thursday, July 22nd, 2010

Nifty Technicals

Reading Glossary recommended for better understanding of this column. Nifty on verge of achiving our first target of 5460. Second target:  5620. Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 50 level.  This level comes near 5470 for Nifty on  Friday. The red line in the long term Nifty chart (shown at [...]

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Wednesday, July 21st, 2010

Nifty Technicals

See long term Nifty chart at the end of this column. Reading Glossary recommended for better understanding of this column. Lets see in which direction Nifty breaks the dotted trending range shown in chart above  (5350-5460), and starts fresh wave. The two black lines(3 & 4) in the long term Nifty chart are showing divergence [...]

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Tuesday, July 20th, 2010

Nifty Technicals

See Nifty chart at the end of this column. Reading Glossary recommended for better understanding of this column. Lets see if Nifty breaks the dotted line in the chart which comes near 5350, and starts fresh downtrend or not. The two black lines(3 & 4) in the Nifty chart are showing divergence between price & [...]

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Monday, July 19th, 2010

Nifty Technicals

See Nifty chart at the end of this column. Today you can see one more weak and directionless day in the chart bellow. The two black lines(3 & 4) in the Nifty chart are showing divergence between price & nishant kalaskar’s oscillator. This indicates sharper down move in future. Expecting  more than 2 to 5 [...]

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