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CLICK TO ENLARGE Nifty Chart. Traders can watch as 5760 resistance & 5700 as support on Nifty on Wednesday. Market can try to test higher levels , 2-4% rally possible in next few days. Nifty has broken support of 5700 , this is important market activity in 2011. There Nifty’s short term trend is down. Nifty’s [...]
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Click to ENLARGE Nifty Chart. Recovery in some stocks is possible only if Nifty manages to trade above 5780 on Tuesday. 5700-5720 range on Nifty is last hope for bulls. Moderate to high risk in initiating fresh long term investments. Nifty’s short term trend is down. Nifty’s Intermediate trend is Down. Nifty Target : 5400 , 4950. Resistance for [...]
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Click to ENLARGE Nifty Chart. Nifty has broken the important support of 6135 today. Nifty has significant supports between 6000-6050. Nifty’s short term trend is down. Nifty’s Intermediate trend is up. Nifty Target : 6300 , 6600. Resistance for Nifty : 6100 ,6150, 6190 , 6210 , 6240. Support for Nifty : 6070, 5980 , 5950,5890 ,5840. Bearish [...]
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Watch Nifty Chart at the end of this column. Nifty is in the 5950 to 6000 region , which is important supply zone. Traders can watch 5940 as support on Nifty tomorrow. Some stocks might face selling pressure tomorrow. There are high chances of fresh intermediate up trend. Nifty’s short term trend is up. Nifty’s Intermediate [...]
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Traders can watch 5840 as important support on Nifty tomorrow. 5950 to 6000 is important supply zone for Nifty. See the possible trading range in Nifty chart bellow. 5700-5750 range is a significant support region , bears might find it difficult to break it on downside. Nifty’s short term trend is down. Nifty’s Intermediate trend is down. [...]
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SEE Nifty Chart is at the end of this column. Watch 6030 on Nifty, it will remain weak as long as it is trading bellow that level. Nifty is near the 5950-6000 support range. Lets see if Nifty breaks or holds that range. Nifty has given vulnerable closing last week. Now onwards profit on Investments might [...]
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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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SEE Nifty Chart is at the end of this column. Nifty will continue to remain weak as long as its trading bellow 6120. Nifty has given vulnerable closing this week. Now onwards profit on Investments might start evaporating . Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate downtrend [...]
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SEE NIFTY CHART AT THE END OF THIS COLUMN. Reading Glossary is highly recommended for better understanding of this Column. Protect Profit on your investments. Breakout bellow 5930 might create panic in market. So 5930 is exceptionally important level in next few days. Nifty’s short term trend is down. Nifty’s Intermediate trend is down. Today stocks [...]
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SEE NIFTY CHART AT THE END OF THIS COLUMN. Reading Glossary is highly recommended for better understanding of this Column. Nifty is stuck in the range of 6050-6150. Wait for decisive move in next few days. Investors are safe as long as Nifty is trading above 5930. Breakout bellow that level might create panic in market. [...]
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