Posts Tagged ‘breakout stocks’


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 Ind. [...]

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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 Term bearish stocks [...]

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Thursday, March 4th, 2010

Nifty Today

Swing Trading Calls In Feb 2010 at the BOTTOM of this page.
Thursday Nifty opened with gap n could not cross the 5990 level throughout the session. Nifty established  5050 as intra day support. Metal stocks were strongest for the day. Global market trend was down during  Indian stock market hours.
Observations:

Considerable selling in global markets today.
Moderate chances [...]

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Thursday, February 25th, 2010

Nifty Today

Thursday Nifty was trading in the intra day range of 4840 to 4865. One more dull trading session. Nifty established  4840 as intra day support. Pharma stocks were weakest for the day. Global market trend was down during  Indian stock market hours.
Observations:

Two compressed days  are  formed on Nifty Chart. Expecting 2 to 8 % move in [...]

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Monday, February 8th, 2010

Nifty Technical Analysis

Monday ,Nifty witnessed short covering bellow 4700 . Nifty established 4700 as intra day support. Intra day  resistance for Nifty was near 4800. IT  stocks were strongest for the day. Global market trend was mix during  Indian stock market hours.
Observations:

All global markets including Indian market are in strong downtrend. (ADX(14) >30). Investors should protect their capital.
Intra day [...]

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Wednesday, January 27th, 2010

Nifty Technical Analysis

Wednesday Nifty opened with gap on downside and had free fall of about 150 points. Bears are having total control over market. Nifty could not establish any intra day support due to free fall in market. Intra day  resistance for Nifty was near 4900.  Auto , Metal  stocks were the weakest for the day. Global [...]

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Wednesday, January 20th, 2010

Market outlook

Nifty might start Intermediate downtrend. Closing bellow 5170 needed.
Wednesday Nifty opened with optimism but was unable to continue on upside. Intra day support for Nifty was  near 5220 & resistance near 5250.  Auto & Metal stocks were the strongest for the day while Public sector  stocks were weaker than market. Global market trend was down [...]

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Wednesday, December 30th, 2009

Nifty Technical Analysis

Wednesday Nifty found its support near 5165. Intra day resistance  for Nifty was  near 5190. Consumer Durable  stocks were the strongest for the day while FMCG stocks were the weakest. Global market trend was down during  Indian market hours.
High chances of short term downtrend.  Nifty Volatility at 2009 low.
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Market Breadth : 0.60
Market Trends : Short  term trend [...]

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Thursday, December 24th, 2009

Nifty Today

Thursday Nifty was trading in the zone of  resistance  5140-5190. It failed to close above 5180 & start Intermediate uptrend. Intra day support for Nifty was  near 5130. Auto  stocks were the strongest for the day. Global market trend was up during  Indian market hours. 
If  Nifty closes above 5180 then the probable targets will be [...]

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Monday, December 21st, 2009

Nifty Today

Monday Nifty was holding  intraday support of  4960 till 3 pm but later on cracked that level. Intraday resistance near 4990. Metal stocks were the weakest  while consumer durable   stocks were the strongest for the day . Global market trend was mix during  Indian market hours. 
Last week Nifty had 4th Poor weekly closing  in three months. Its warning [...]

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