Posts Tagged ‘nasdaq target’

Wednesday, August 4th, 2010

Nifty Technical Analysis

Breakout by Nifty today  from the 3 week old trading range. Market Breadth : 1.00 Market is in short term uptrend. Intermediate trend of market remains up. Nishant’s Oscillator indicating maximum upside of 5690 to Nifty in near term. Nifty’s upside target is 5630. The red trendline (5560) shown in chart bellow  can act as [...]

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Friday, July 23rd, 2010

nifty outlook for next week

Reading Glossary recommended for better understanding of this column. Nifty hit our first target of 5460. Second target , 5620 which is difficult but possible. Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. Important support to watch on Nifty is  5400. The red line of the channel  in the long term [...]

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