Trends Today » characteristics of trend

Nifty Today

Nishant Kalaskar — Wed, 04 Jan 2012 13:51:55 +0000

Nifty needs to sustain above 4680 to remain bullish on Thursday.
Nifty is range bound between 4600-4800.
5300 will be a challenging resistance for Nifty in 2012 & on downside 3800 to 4000 zone can act as support for sometime. There is moderate to high risk in fresh long term investment.

Nifty’s Intermediate trend is Down.

Nifty target: Above 4800 Nifty target 4950 & 5150.

Resistance for Nifty : 4800 , 4850.

Support for Nifty : 4700 , 4650 , 4560, 4450.

Bank Nifty is in intermediate down trend.

CNX IT is in Down trend.

Indian CNX 500 index is in Down trend.

American Dow Jones Industrial Avg. is in intermediate Up trend.

German Dax Composite Index is in intermediate Up trend.

Gold is in Down trend. Silver is in down trend.
American dollar is in Up trend.
Crude Oil is in Up trend.

Thank You

Nishant Kalaskar.

Nifty Technicals

Nishant Kalaskar — Fri, 19 Feb 2010 10:34:12 +0000

Friday. We saw Nifty’s emotional drama by wildly moving up & down. As written on Thursday Nifty tested 4840 in the morning , it could not hold that level and went to test 4800. Then in the afternoon there was intraday rally up to 4980. Certainly there is change in the sentiment of the short term bulls who enjoied the rally from 4670 to 4930. Nifty established 4800 as intra day support. Metal stocks & Reality stocks were weakest for the day. Global market trend was down during Indian stock market hours.

Observations:

On Monday Nifty may test 4800 , 4770 on down side.
This week Nifty failed to sustain above 4920.
Important moving average lines are acting as resistance in the zone of 4920 to 4980.
Moderate chances of Market testing 4950 on Nifty , the level above which the intermediate trend will turn up.
4500 zone on Nifty is an important target for this intermediate downtrend.

Market Technicals:

Market Breadth : 0.30

Market Trends : Short term trend of market is down. Intermediate trend is DOWN.

Intermediate trend of market will turn UP if market closes above 4950 & 16553 for Nifty & Sensex respectively.

Support levels for Nifty are 4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are 4950 , 4985 ,5060, 5180 , 5130 ,5240 , 5330 , 5570.

Breakout Stocks of the day : RCap , HDIL.

- -

Nifty Technical Analysis

Nishant Kalaskar — Wed, 27 Jan 2010 10:07:47 +0000

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 market trend was down during Indian market hours.

Observations:

Important support of 5000 level is broken decisively on Nifty today. There is threat of bear market.
Today’s Volatility highest in last one month.
The fall in Nifty from 19 Jan 2010 is the sharpest in last four months.
Last Friday market has given Poor weekly closing with long term impact.

Market Technicals:

Market Breadth : 0.05

Market Trends : Short term trend of market is down. Intermediate trend is DOWN.

Intermediate trend of market will turn UP if market closes above 5290 & 17712 for Nifty & Sensex respectively.

Support levels for Nifty 4840 , 4800 ,4730 , 4 690 , 4650 , 4050 , 3300 .

Resistance levels for Nifty are 4935 ,4985 ,5180 , 5130 ,5240 , 5330 , 5570.

Breakout Stocks of the day : SBI , Tata Steel , Ibulls Real .

- Nishant Kalaskar.

- -

SUBSCRIBE Swing Trading Calls

We are holding Nifty 5200 Put Option & Nifty 5300 Put Option from Wednesday , 20 Jan 10 morning!

Nifty Technical Analysis

Nishant Kalaskar — Mon, 18 Jan 2010 13:36:57 +0000

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 move on weekly charts.

- -

Market Breadth : -

Market Trends : Short term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5160 & 17323 for Nifty & Sensex respectively.

Support levels for Nifty 5180 , 5130 , 5080 , 4985 , 4800 , 4 700.

Resistance levels for Nifty are 5240 , 5330 , 5570 , 5630 , 5740,5825 , 5950 , 6200

Breakout Stocks of the day : MRPL.

Reading Glossary is recommended for better understanding of this column.

- -

Nifty Today

Nishant Kalaskar — Wed, 16 Dec 2009 10:21:32 +0000

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 term trend of market will turn up if market closes bellow 5183 & 17350 for Nifty & Sensex respectively.

Support levels for Nifty are 5020, 4985 , 4900 , 4855 , 4 700.

Resistance levels for Nifty are 5070, 5180 , 5330 , 5550 , 5700, 6200

Breakout Stocks of the day : TCS.

Reading Glossary is recommended for better understanding of this column. -

Nifty Today

Nishant Kalaskar — Mon, 30 Nov 2009 10:44:19 +0000

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 : Short term trend of market is up. Medium term trend is UP. Medium term trend of market will turn Down if market closes bellow 4930 & 16630 for Nifty & Sensex respectively.

Support levels for Nifty are 5020, 4900 , 4855 , 4 700, 4670 , 4560 , 4520.

Resistance levels for Nifty are 5060, 5090, 5180 , 5330 , 5550 , 6200.

Breakout Stocks of the day : IDEA.

Reading Glossary is recommended for better understanding of this column. -

Daily Trend Report

About Daily Trend Report

Get Medium term technical trend report of more than 200 stocks
Medium Term Trend of All Sectors
Stocks & Index in the verge of Trend Revarsal
BUY & SELL Recommnedations
Unique Stop points to protect your Capital & Profit
Best Position Size
Easy to Impliment
Receive Daily Trend Report in your email

CLICK on the link bellow to See recent Trend Reports

http://www.esnips.com/web/nishuinfosStuff

Nifty Today

Nishant Kalaskar — Wed, 25 Nov 2009 10:10:25 +0000

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 if market closes bellow 4930 & 16630 for Nifty & Sensex respectively.

Support levels for Nifty are 5090 , 5060 , 5020, 4940 , 4900, 4855 , 4 700, 4670 , 4560 , 4520.

Resistance levels for Nifty are 5180 , 5330 , 5550 , 6200.

Breakout Stocks of the day : Satyam.

Reading Glossary is recommended for better understanding of this column. -

Remove losers like these from your portfolio

HDIL SELL recommended at 344 now trading at 320 , Mphasis Sell recommended at 740 now trading at 680 , Unitech Sell recommended at 83 now trading at 78 , TechMahindra Sell recommended at 1000 now trading at 920 , Satyam sell recommended at 110 now trading at 89

Get readymade analysis with Daily Trend Report

See other details and payment options on Product page.

Click on the Trend Report to see …

Nifty Today

Nishant Kalaskar — Tue, 24 Nov 2009 11:05:20 +0000

Tuesday Nifty intraday support 5060. Resistance near 5110. Auto stocks were stronger than market today while metal stocks were weakre. Global market trend was down during Indian market hours.

Moderate chances of short term downtrend.

- - Market Breadth : 0.60

Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term trend of market will turn Down if market closes bellow 4930 & 16630 for Nifty & Sensex respectively.

Support levels for Nifty are 5060 , 5020, 4940 , 4900, 4855 , 4 700, 4670 , 4560 , 4520.

Resistance levels for Nifty are 5090 , 5180 , 5550 , 6200.

Breakout Stocks of the day : Maruti.

Reading Glossary is recommended for better understanding of this column. -

Remove losers like these from your portfolio

Get readymade analysis with Daily Trend Report
See other details and payment options on Product page.

Click on the Trend Report to see …

Nifty Today

Nishant Kalaskar — Mon, 16 Nov 2009 10:32:29 +0000

Monday market opened with gap and remained in a trading range of 20-25 points on Nifty. Support near 5020. Resistance near 5090. Auto Stocks were strongest today. Global market trend was up during Indian market hours.

- - Market Breadth : 4.00

Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term trend of market will turn Down if market closes above 4540 & 15330 for Nifty & Sensex respectively.

Support levels for Nifty are 5030 , 4940 , 4900, 4855 , 4 700, 4670 , 4560 , 4520.

Resistance levels for Nifty are 5060, 5090 , 5180 , 5550 , 6200.

Breakout Stocks of the day : Rpower, Maruti.

Reading Glossary is recommended for better understanding of this column. -

Subscribe Daily Trend Report

Get Medium term technical trend report of + 200 stocks
Medium Term Trend of Every Sector
Stocks & Index in the verge of Trend Revarsal.
Unique Stop points to protect your Capital & Profit.
Buy & Sell Recommnedations with Best Position size.

See other details on Products page.

Market Today

Nishant Kalaskar — Thu, 12 Nov 2009 10:20:36 +0000

Thursday market was directionless between 5010 & 4970 on Nifty till 2 pm. After breaking that level Nifty found support near 4920. IT Stocks were strongest today. Metal & Banking stocks were weakest today. Global market trend was down during Indian market hours.

High chances of short term downtrend.

- - Market Breadth : 2.80

Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term trend of market will turn Down if market closes above 4540 & 15330 for Nifty & Sensex respectively.

Support levels for Nifty are 4940 , 4900, 4855 , 4 700, 4670 , 4560 , 4520.

Resistance levels for Nifty are 5030, 5060 , 5090 , 5180 , 5550 , 6200.

Breakout Stocks of the day : SBI , Praj Ind .

Reading Glossary is recommended for better understanding of this column. -

Subscribe Daily Trend Report

Click to see sample TrendReport131109

Get Medium term technical trend report of + 200 stocks

Medium Term Trend of Every Sector

Stocks & Index in the verge of Trend Revarsal.

Unique Stop points to protect your Capital & Profit.

Buy & Sell Recommnedations with Best Position size.

See other details on Products page.