Trends Today » market outlook 2010 http://www.trendstoday.in FREE NIFTY Technicals: Nifty Chart , Support & Resistance Levels, Market Breadth, Nifty Trends, Nifty RSI Analysis. Mon, 06 Sep 2010 12:15:14 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Nifty Today http://www.trendstoday.in/2010/02/22/nifty-technical-analysis-33/ http://www.trendstoday.in/2010/02/22/nifty-technical-analysis-33/#comments Mon, 22 Feb 2010 10:25:49 +0000 Nishant Kalaskar http://www.trendstoday.in/?p=952 Nifty Future 22 Feb 10

Monday Nifty opened with optimism & a gap of about 60 points but again sellers were dominant near 4920 level. It resulted in a fall from that level to 4850. Certainly there is change in the sentiment of the short term bulls who enjoied the rally from 4670 to 4930. Nifty established 4890 , 4850 as intra day support. Consumer Durable stocks & Reality stocks were weakest for the day. Global market trend was direction less  during  Indian stock market hours.

Observations:

  • Important moving average lines are acting as resistance in the zone of 4920 to 4970.
  • 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 : 0.450

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 : Idea.

Idea Cellular Breakout

]]> http://www.trendstoday.in/2010/02/22/nifty-technical-analysis-33/feed/ 0 Nifty Technicals http://www.trendstoday.in/2010/02/19/nifty-technical-analysis-32/ http://www.trendstoday.in/2010/02/19/nifty-technical-analysis-32/#comments Fri, 19 Feb 2010 10:34:12 +0000 Nishant Kalaskar http://www.trendstoday.in/?p=932 s

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.

HDIL Chart

Rcap Breakout-                                                                                                                                 -

]]> http://www.trendstoday.in/2010/02/19/nifty-technical-analysis-32/feed/ 0 Nifty Technicals http://www.trendstoday.in/2010/02/18/nifty-technical-analysis-31/ http://www.trendstoday.in/2010/02/18/nifty-technical-analysis-31/#comments Thu, 18 Feb 2010 10:28:40 +0000 Nishant Kalaskar http://www.trendstoday.in/?p=922 Thursday. Nifty is  losing bull power  near the important zone of 4920 to 4950. RIL was weaker than the market today. Nifty established 4885 as intra day support. Bank stocks were strongest for the day. Global market trend was down during  Indian stock market hours.

Observations:

  • Tomorrow Nifty may test 4840 on down side.
  • Important moving average lines are acting as resistance in the zone of 4920 to 4980.
  • Institutional interest in investment will be confirmed on decisive closing of Nifty above 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 : 0.40

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 are4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

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

Breakout  Stocks of the day : RIL , Unitech.

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