Archive for February, 2012


Tuesday, February 28th, 2012

Nifty Trend

I will be conducting Technical Analysis Course in Pune . If you or your friends wish to become a successful trader & want to join the course then contact me on 09881575125.  Course Dates : 3&4 March , 10&11 March. Thank You Nishant Kalaskar. Nifty need to sustain above 5340 to remain bullish on Thursday. Nifty’s Intermediate [...]

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Monday, February 27th, 2012

Nifty Technicals

On Tuesday Nifty needs to sustain above 5350 to bring the bullish sentiment back. Nifty failed to hold 5320-5370 range today , which is bearish sign. Nifty’s Intermediate trend is Down. Nifty target:  5130 ,4830. Resistance for Nifty:   5400, 5450 , 5500. Support for Nifty:    5200, 5080 , 4960. Bank Nifty is in intermediate Down trend. CNX IT [...]

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Saturday, February 25th, 2012

Nifty Today

On Monday Nifty needs to sustain above 5500 to bring the bullish sentiment back Lets see if Nifty takes support in 5320-5370 range next week or not. Stocks falling more than 10% in this week: RCom , DLF , Sterlite , JP Asso., PNB. , where BPCL gained more than 5%. Nifty’s Intermediate trend is Up. [...]

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Thursday, February 23rd, 2012

Nifty Trend

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Thursday, February 23rd, 2012

Nifty Today

On Thursday Nifty needs to sustain above 5590 to bring the bullish sentiment back. 5400 is significant support on downside. Nifty’s Intermediate trend is Up. Nifty target:  6050 if it does not break 5400 on downside. Resistance for Nifty:   5650, 5730, 5800. Support for Nifty:  5250,  5180, 5070 , 4960. Bank Nifty is in intermediate Up trend. [...]

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Wednesday, February 22nd, 2012

Nifty Trend

Nifty needs to sustain above 5540 to remain bullish on Wednesday. 5400 is significant support on downside. Nifty’s Intermediate trend is Up. Nifty target:  6050. Resistance for Nifty:   5650, 5730, 5800. Support for Nifty:  5250,  5180, 5070 , 4960. Bank Nifty is in intermediate Up trend. CNX IT is in Up trend. Indian CNX 500 index is in Up [...]

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Friday, February 17th, 2012

Nifty Today

Nifty needs to sustain above 5540 to remain bullish on Tuesday. 5400 is significant support on downside. Weak Stocks : RIL , NTPC , HDFC , HLL. Nifty’s Intermediate trend is Up. Nifty target:  6050. Resistance for Nifty:   5650, 5730, 5800. Support for Nifty:  5250,  5180, 5070 , 4960. Bank Nifty is in intermediate Up trend. CNX IT [...]

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Thursday, February 16th, 2012

Nifty Today

Nifty needs to sustain above 5500 to remain bullish on Friday. 5250 is significant support on downside. Nifty’s Intermediate trend is Up. Nifty target:  6050. Resistance for Nifty:   5650, 5730, 5800. Support for Nifty:  5250,  5180, 5070 , 4960. Bank Nifty is in intermediate Up trend. CNX IT is in Up trend. Indian CNX 500 index is in Up [...]

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Wednesday, February 15th, 2012

Nifty Today

Nifty needs to sustain above 5500 to remain bullish on Thursday. 5250 is significant support on downside. Nifty’s Intermediate trend is Up. Nifty target:  6050. Resistance for Nifty:   5650, 5730, 5800. Support for Nifty:  5250,  5180, 5070 , 4960. Bank Nifty is in intermediate Up trend. CNX IT is in Up trend. Indian CNX 500 index is in Up [...]

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Thursday, February 9th, 2012

Next updates will be available from Wednesday 15 Feb 12.

Nifty needs to sustain above 5370 to remain bullish on Friday. 5200-5250 is significant support on downside. Its time to protect profit & capital, let 5200-5250 be  key level. Nifty’s Intermediate trend is Up. Nifty target:  5450. Resistance for Nifty:   5350, 5400. Support for Nifty:  5080, 4980 , 4880. Bank Nifty is in intermediate Up trend. CNX IT [...]

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