Posts Tagged ‘glossary technical analysis’


Wednesday, February 17th, 2010

Nifty Technical Analysis

Wednesday. Nifty had a strong opening with gap in the morning. Above 4910 Nifty faced selling and was moving sideways with very low bull power. Nifty established 4885 as intra day support. Intra day  resistance for Nifty was near 4930. Metal stocks were strongest for the day. Global market trend was up during  Indian stock market [...]

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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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Monday, January 18th, 2010

Nifty Technical Analysis

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 [...]

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Friday, January 8th, 2010

Nifty Technical Analysis

Tuesday Nifty was  weak for the whole day . Intra day support for Nifty was  near 5240 & resistance near 5270. IT  stocks were the weakest for the day & Capital goods stocks were the strongest. Global market trend was up during  Indian market hours. Pause in the uptrend. Bank Nifty has remained weaker than [...]

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Friday, January 1st, 2010

Nifty Technical Analysis

Wednesday Nifty found its support near 5200. Intra day resistance  for Nifty was  near 5220. Capital Goods  stocks were the strongest for the day while FMCG stocks were the weakest. Global market trend was up during  Indian market hours. Direction less week .  Nifty trading with very low volatility. -                                                                                                                         – Market Breadth : – Market Trends : Short  [...]

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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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Thursday, December 10th, 2009

Nifty Today

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 [...]

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Monday, November 30th, 2009

Nifty Today

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 : [...]

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Wednesday, November 25th, 2009

Nifty Today

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 [...]

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Tuesday, November 24th, 2009

Nifty Today

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 [...]

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