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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 [...]
Tags: breakout, market watch
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Monday Nifty was unable to break the 5300 zone on upside. Intra day support for Nifty was near 5260 & resistance near 5280. Bank stocks were the strongest for the day while pharma stocks were weaker than market. Global market trend was down during Indian market hours. Long term indicators not supporting the Nifty’s up [...]
Tags: breakout, Breakout Stock, Bull market, characteristics of trend, compressed stocks, DAILY CALLS, Daily Nifty Analysis, Global market, glossary technical analysis, intermidate trend, market breadth, market breadth analysis, medium term market trend sensex, medium term trend, medium term trend of stocks, Nifty, Nifty 50, nifty daily tips, nifty resistance, nifty support, Stock market bubble, stock trend, technical analysis of nifty, trading strategies, Trading tips, trend
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Tuesday Nifty was trading above the 5180 level for the whole day. It has closed above 5180 & started Intermediate uptrend. Intra day support for Nifty was near 5180. Consumer Durable stocks were the strongest for the day. Global market trend was up & weak during Indian market hours. A Compressed bar formation on Nifty chart [...]
Tags: breakout, Breakout Stock, DAILY CALLS, Daily Nifty Analysis, Global market, market breadth analysis, medium term market trend sensex, medium term trend, Nifty, Nifty 50, nifty daily tips, nifty resistance, nifty support, share market, sotck market, stock, technical analysis of nifty
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Wednesday Nifty found intraday support near 5000. Resistance near 5070. Bank stocks were the weakest while IT stocks were the strongest. Global market trend was directionless during Indian market hours. Global trend not supporting the medium term downtrend in Nifty. - - Market Breadth : 1.80 Market Trends : Short term trend of market is down. Medium term trend is DOWN. Medium [...]
Tags: breakout, Breakout Stock, breakout stocks, characteristics of trend, DAILY CALLS, Daily Nifty Analysis, Global market, medium term trend, nifty resistance, nifty support, technical analysis of nifty, trading strategies, Trading tips
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Thursday Nifty intraday resistance near 5140. Support near 4990. Consumer durables stocks were the weakest while Capital goods stocks were stronger than market. Global market trend was directionless & weak during Indian market hours. Trend extreamly weak. - - Market Breadth : 1.90 Market Trends : Short term trend of market is up. Medium term trend is Up. Medium term trend of market will turn Down if market [...]
Tags: breakout, Breakout Stock, DAILY CALLS, Daily Nifty Analysis, market breadth, medium term trend, medium term trend of stocks, Nifty 50, nifty daily tips, nifty index, nifty resistance, nifty support, Nifty target, sensex, share market, stock market, Stock market bubble, technical analysis of nifty, trading strategies, Trading tips, trend
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Monday Nifty Showed strength in first half of the session & weakness in second half . Intraday resistance near 5060. Short term trend is up now. Metal stocks were the strongest today. Global market trend was directionless during Indian market hours. Nifty moving between 4920-5100 from last three weeks. Breakout from this range will start fresh trend . - - Market Breadth : 6.80 Market Trends : [...]
Tags: breakout, Breakout Stock, breakout stocks, Bull market, characteristics of trend, Daily Nifty Analysis, Global market, glossary technical analysis, intermidate trend, market breadth, medium term market trend sensex, medium term trend, medium term trend of stocks, medium trend of stocks, nifty daily tips, nifty index, nifty resistance, nifty support, Nifty Tips, RIL, sensex, short term trend, Stock market bubble, Stock trends, Techncial Analysis, technical analysis of nifty, trading strategies, Trading tips, trend
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Thursday Nifty failed to hold intraday support of 5090 & then there was a crack. Short term trend of market is down now. Global market trend was down during Indian market hours. As mentioned on 23 November “Fresh Buy Signal will fail if Nifty closes bellow 5050″ . Nifty closed at 5005 on 26 November resulting in a panic on Friday morning. [...]
Tags: breakout, Breakout Stock, breakout stocks, Bull market, compressed stocks, DAILY CALLS, Global market, intermidate trend, market breadth, market breadth analysis, medium term trend, medium term trend of stocks, medium trend of stocks, Nifty, Nifty 50, nifty daily tips, nifty index, nifty resistance, nifty support, Nifty Tips, RIL, sensex, share market, short term trend, sotck market, stock trend, Stock trends, support for nifty, technical analysis of nifty, trading strategies, Trading tips, trend
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Wednesday Nifty intraday support 5100. Resistance near 5140. FMCG stocks were stronger than market today . Global market trend was up during Indian market hours. Experts might use “RIL Bonus” as an opportunity unload RIL. - - Market Breadth : 0.75 Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term trend of market will turn Down [...]
Tags: breakout, Breakout Stock, breakout stocks, characteristics of trend, compressed stocks, DAILY CALLS, Daily Nifty Analysis, Global market, glossary technical analysis, intermidate trend, market breadth, market breadth analysis, medium term market trend sensex, medium term trend, nifty daily tips, nifty index, nifty resistance, nifty support, RIL, satyam, sensex, share market, share trading, short term trend, stock, stock market, Stock market bubble, stock trend, Stock trends, technical analysis of nifty, trading strategies, Trading tips, trend
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Friday Nifty intraday support 5090. Resistance near 5110. RIL was stronger than market today. Global market trend was UP during Indian market hours. Fresh buy signal by Nifty. Signal will prove to be wrong on Nifty closing bellow 5050. - - Market Breadth : 1.2 Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term [...]
Tags: breakout, Breakout Stock, Daily Nifty Analysis, Global market, intermidate trend, market breadth, market breadth analysis, medium term trend, medium trend of stocks, Nifty, Nifty 50, nifty daily tips, nifty index, nifty resistance, nifty support, Nifty Tips, RIL, share market, share trading, short term trend, Stock market bubble, stock trend, Stock trends, technical analysis of nifty, trading strategies, Trading tips, trend
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Thursday market in range of 5010 & 4970 on from last two days. After breaking 4970 level on Nifty yestearday today it has returned back in that range. support near 4920. Auto Stocks were strongest today. . Global market trend was directionless during Indian market hours. Indian market was the strongest today. Strong weekly closing. Uptrend may lose steam if market fails to breakout towards 5180 on Nifty in the [...]
Tags: breakout, Breakout Stock, breakout stocks, Bull market, compressed stocks, DAILY CALLS, Daily Nifty Analysis, market breadth, market breadth analysis, medium term market trend sensex, medium term trend, medium term trend of stocks, Nifty, nifty resistance, nifty support, Nifty target, Nifty Tips, RIL, share market, short term trend, stock market, Stock market bubble, technical analysis of nifty
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