Posts Tagged ‘nifty support’


Tuesday, August 31st, 2010

market today

Click To ENLARGE Nifty Chart

Free Nifty Technicals

Nifty bounced back from the famous 5350 support level today.
Nifty is on the verge of starting fresh intermediate downtrend.
5370 is important support level for Nifty & exit trigger for investors. Watch 5470.
Market Breadth: 0.60
Nifty short term trend is down. Nifty Intermediate trend is up.
***(No. of Stocks [...]

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Monday, August 30th, 2010

Market Today

Click To ENLARGE Nifty Chart Free Nifty Technicals

Nifty is on the verge of starting fresh intermediate downtrend.
5370 is important support level for Nifty & exit trigger for investors. Watch 5470.
Market Breadth: 1.50
Nifty short term trend is down. Nifty Intermediate trend is up.
***(No. of Stocks in short term up trend) – (No. of stocks in short [...]

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Wednesday, August 11th, 2010

market trend today & free nifty chart

Click To Enlarge the NIFTY CHART

Nifty short term trend down. Intermediate downtrend started for Nifty today.
Market Breadth: 0.60
RIL Target price : 900 & 750.
(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (137)-(106)=31. ( Condition:VOLUME > 5 Lacs)
Nifty Down side Target : 5260 , 5120.
Resistance for Nifty : 5460 , 5490 [...]

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Monday, August 9th, 2010

market trend today & RIL target price

Click to enlarge the free nifty eod chart.

2.45 pm: Nifty is on the verge of starting fresh intermediate downtrend.
2.45 pm: Its testing time for RIL investors. Important support for RIL 990. RIL’s  target price 900 , 750.
Market Breadth : 4.10
Market is in short term uptrend. Intermediate trend of market remains up.
(No. of Stocks in [...]

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Thursday, August 5th, 2010

Nifty Today

Click to Enlarge the Chart

2.05 pm , 6 Aug 10 : Sharp selling in German Dax.
8.10 am , 6 Aug 10 : Global Trend is weak and down at present. Watch 5430.
Nifty is back in the range of (5350-5450). Chances of yesterday’s  breakout failure are there now.
Some stocks may recover on Friday only if Nifty [...]

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Monday, August 2nd, 2010

NIFTY technicals

3 August 11.40 am: Nifty is trading near the resistance/upper end of the trading range(5360). See if it breaks up out or not.
9.30 pm : European Dax is trading at the important resistance of  6300. There is limited upside to European markets due to chances of profit booking/ profit protection.
Market Breadth : 5.80 Some stocks might face [...]

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Wednesday, July 28th, 2010

FREE NIFTY technicals

Reading Glossary recommended for better understanding of  this column. Long term nifty Chart at the end of this column.
Market  Technicals

Nifty support & nifty resistance at the end of the column.
Nifty technicals
Nifty remains in a trading range of 5350 – 5460. See the nifty trendlines in the chart. Indian market breadth bearish.

[...]

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Tuesday, July 27th, 2010

Nifty Technicals

Reading Glossary recommended for better understanding of this column. Nifty technicals.
Thanks to www.freedighitalphotos.net for all images.

Lets see in which direction Nifty breaks the trading range shown by two blue dotted trend lines in the chart above ( 5350-5460).
Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. The same oscillator is indicating [...]

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Monday, July 26th, 2010

nifty technicals

Reading Glossary recommended for better understanding of this column.

Lets wait and see in which direction Nifty breaks the trading range shown by two blue dotted trend lines( 5350-5460).
Historically  Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level , the same oscillator is not supporting the Nifty’s up move above 5380. This is warning alarm [...]

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Thursday, July 15th, 2010

Nifty Technicals

NIFTY Outlook

Long term Nifty chart at the end of this column.

A directionless day for Nifty today. Expecting  more than 2 to 5 % move in next few days. This brings 5600 & 5230 levels on Nifty  in picture. Its time to stay highly alert.
Sentiment will remain bullish as long as nifty is holding 5355.
5460 & [...]

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