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SEE Nifty Chart is at the end of this column. 12:38 IST Tuesday : Watch 6030 on Nifty , weakness will continue bellow it. Nifty has given vulnerable closing last week. Now onwards profit on Investments might start evaporating . Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate [...]
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Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Nifty has broken 4960 decisively. In short term 4850 & 4620 levels are possible on downside for Nifty. 4200 possible in few months on NIfty. Intermediate trend of Nifty will turn UP if it closes above 5210. The red trend line in the chart is important supply zone. [...]
Tags: Century Textile, Fortis Healthcare, GTL Infra, hindalco, IDBI Bank, IDEA, Jindal SAW, market watch, Mercator Lines, NHPC, NMDC, Power Grid, Ranbaxy Lab, Reliance Industries, Reliance Infrastructure, reliance power, SAIL, Triveni Eng.
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Reading Glossary is recommended for better understanding of this column Observations & Possibilities: High volatility seen in market. 4980 acting as important support on Nifty. 4850 & 4620 levels are possible on downside for Nifty . Intermediate trend of Nifty will turn UP if it closes above 5210. The red trend line in the chart is important supply zone. [...]
Tags: Aptech ltd., BHEL, Jaiprakash Associates Ltd., Kingfisher Airline ltd., Moser Baer (I) Ltd, NHPC, Prakash Industries Ltd., Rolta India Ltd.
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