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Click to Enlarge Nifty Chart Nifty needs to sustain above 5000 to remain bullish on Tuesday. As mentioned earlier 5100-5200 is challenging supply zone for Nifty in the year 2012. Nifty is trading near those levels & 2% away from its target. Overall its time to protect profit on longs. Nifty’s Intermediate trend is Up. Nifty [...]
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Nifty Intraday Levels to watch on Tuesday: 4860,4900 ,4990, 5020, 5040, 5070. Sentiment will remain bullish if Nifty is manages to hold 5070, which is looking difficult. This pullback may last at the most up to 5200 on Nifty. Investors stuck on higher levels may use this rally as “Better Exit Opportunity”. There is moderate to [...]
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Nifty Intraday Levels to watch on Friday: 4850 , 4960, 5020, 5040, 5090. Sentiment will remain bullish as long as Nifty trading above 4950. Sharper bullish activity is expected if Nifty sustains above 4990 on Friday. This pullback may last up to 5200 on Nifty , lets see. Investors stuck on higher levels may use [...]
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Nifty Intraday Levels to watch on Tuesday : 4840 ,4870, 4900, 4960, 5020, 5060. Sentiment is bullish now. Some stocks may see profit booking if Nifty starts trading bellow 4900. This pullback may last up to 5200 on Nifty , lets see. Investors stuck on higher levels may use this rally as ” Better Exit [...]
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Nifty traders can watch 5650 as key support & 5740 as key resistance on Tuesday. Moderate chances of Nifty testing 5340 if it breaks 5700 decisively on downside. Nifty’s short term trend is Down. Nifty’s Intermediate trend is Down. Nifty target 5550 , 5340. Resistance for Nifty : 5820, 5940 , 5980 , 6020 , 6060 , 6110, 6170. Support for Nifty [...]
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Watch Nifty Chart at the end of this column. Traders can watch 5920 as intraday Nifty support & 6020 as Nifty resistance On Monday. Nifty is stuck in a wide trading range of 5700-6020. There are moderate chances of Nifty starting fresh intermediate up trend. Nifty’s short term trend is up. Nifty’s Intermediate trend is down. Nifty Target : [...]
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From 14 April 2010 we are saying the level of 5050 is possible on Nifty in & now Nifty is trading there Observations & Possibilities: Global markets have given poor weekly closing with long term impact. Closing above the pink line in the chart may attract buyers & short covering. The Intermediate trend remains DOWN with target of 4960 [...]
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