Posts Tagged ‘nifty rsi’


Monday, November 15th, 2010

Nifty Technical Analysis

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 [...]

Read More »

Tags: , , , , , , , , , , , , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Friday, November 12th, 2010

Nifty Technicals

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 [...]

Read More »

Tags: , , , , , , , , , ,
Posted in Daily Updates | Comments »


Wednesday, November 10th, 2010

Nifty Technical Analysis

SEE Nifty Chart is at the end of this column. Sentiment might remain negative if Nifty continues to trade bellow 6310. Investors are safe as long as Nifty is holding 5980 level. Nifty’s short term trend is down. Nifty’s Intermediate trend is up. Nifty RSI is not supporting the up move. Caution suggested to bulls. Nifty [...]

Read More »

Tags: , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Thursday, October 14th, 2010

Market Today

CLICK TO ENLARGE THE NIFTY CHART Nifty has failed to sustain above 6280. Nifty RSI is not supporting the up trend in Nifty, and suggesting caution for bulls. Important support on Nifty : 6110. Investors are safe as long as Nifty is trading above 5930. Nifty’s short term trend is up. Nifty’s Intermediate trend is up. [...]

Read More »

Tags: , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Tuesday, October 12th, 2010

Nifty Tips

CLICK TO ENLARGE THE NIFTY CHART Bulls will become active only if Nifty closes above 6190-6200. It seems Nifty may test 6200 again only if  it doesn’t break 6050. There are signs of heavy profit booking in  Midcap index. Investors are safe as long as Nifty is trading above 5880. Nifty’s short term trend is down. [...]

Read More »

Tags: , , , , , , ,
Posted in Daily Updates | Comments »


Friday, October 8th, 2010

Market Outlook for next week

CLICK TO ENLARGE THE CHART Fresh short positions by traders seen in this week. Overall it was it was a direction-less week after 5 weeks of strong uptrend. Now lets see if Nifty starts fresh intermediate downtrend or not. There are signs of heavy profit booking in CNX Midcap index. Investors are safe as long as [...]

Read More »

Tags: , , , , , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Thursday, October 7th, 2010

Nifty Today

CLICK TO ENLARGE THE CHART Nifty was stuck between 6140 -6220. Today Nifty has closed outside that trading range with breakout on hourly chart. Short term trend of Nifty is down now. Investors are safe as long as Nifty is trading above 5880. Nifty’s short term trend is down. Nifty’s Intermediate trend is up. Nifty RSI is suggesting strict [...]

Read More »

Tags: , , , , , ,
Posted in Daily Updates | Comments »


Wednesday, September 29th, 2010

Nifty Technical Analysis

CLICK TO ENLARGE Caution suggested for bulls as some market participants have anticipated the short term down trend today. Some stocks might recover on Thursday if Nifty holds 5940. Nifty is stuck between 5940-6040 &  needs a decisive breakout from that range. Expecting 5700/6400 on Nifty after the breakout. Investors are safe as long as Nifty [...]

Read More »

Tags: , ,
Posted in Daily Updates | Comments »


Friday, September 17th, 2010

Market outlook for next week

Fre Click to Enlarge Nifty Technicals 5850 key level for traders. Few stocks may face selling pressure on Monday. Market outlook  remains positive for investors as long as Nifty is trading above 5600. Nifty’s short term trend is up. Nifty’s Intermediate trend is up. Nifty RSI is  suggesting caution for bulls. Today  297 stocks were traded [...]

Read More »

Tags: , , , , , , , , , , , , , , ,
Posted in Daily Updates | Comments »


Monday, September 6th, 2010

Nifty Calls

Click To ENLARGE Free Nifty Technicals Nifty hit upside target of 5580  today. Watch 5560 on Nifty tomorrow , expecting profit booking in few stocks  if Nifty starts trading bellow it. Also watch the red trend line resistance for Nifty in the chart shown above. Market Breadth: 6.20 Nifty short term trend is up. NiftyIntermediate trend [...]

Read More »

Tags: , , , , , , , , ,
Posted in Daily Updates | Comments »