Posts Tagged ‘nifty today’


Tuesday, July 20th, 2010

Nifty Technicals

See Nifty chart at the end of this column. Reading Glossary recommended for better understanding of this column.

Lets see if Nifty breaks the dotted line in the chart which comes near 5350, and starts fresh downtrend or not.
The two black lines(3 & 4) in the Nifty chart are showing divergence between price & nishant’s oscillator. [...]

Read More »

Tags: , ,
Posted in Daily Updates | Comments »


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 & [...]

Read More »

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


Monday, July 12th, 2010

Nifty technicals

NIFTY Outlook

Nifty has made a new yearly high in a stocks specific rally today. RIL is weaker than market.
Nifty may test 5300 level in next few days.
5465 & 5620 levels are possible targets for Nifty on upside.
The 5300 & 5350 are good support for Nifty.
Moderate to high risk in fresh long term ( 1 to [...]

Read More »

Tags: , ,
Posted in Daily Updates | Comments »


Thursday, July 8th, 2010

Nifty Today

www.trendstoday.in

Nifty outlook

5295 & 5245 are important levels to watch on Nifty tomorrow ( Friday).
In last 3 weeks Nifty has tested & failed to sustain above 5300 level more than eight times.
In last 3 weeks Nifty tried to break 5230 level four times but bounced back.
Nifty remains in  downtrend with 5120 & 4950 levels as possible [...]

Read More »

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


Monday, July 5th, 2010

Nifty Today

NIFTY Outlook for July 2010

Chances of  decisive move of 2 to 5 % by Nifty in next 2 days. It seems today was the last day of dull downtrend.
5230 & 5280 are important levels to watch on  Nifty in next few days.
American Nasdaq , S&P 500 have broken important support levels, this is a sign of [...]

Read More »

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


Friday, July 2nd, 2010

NIFTY Technicals

NIFTY Outlook

5230 is important support on Nifty. Closing bellow it might add fuel in the downtrend.
Nifty has given poor weekly closing.
American indices  Nasdaq , S&P 500 have broken important support levels on Wednesday, signs of long term bearishness across the globe. Now there are moderate chances of Nifty not holding 4800 – 4900 range in [...]

Read More »

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


Tuesday, June 29th, 2010

NIFTY Today

NIFTY Outlook

Green Trendline & 5260  is Broken by Nifty today.
Intermediate downtrend started for Nifty.
5120 or 4950 levels are targets for currant intermediate downtrend.
Moderate risk in fresh long term(1 to 3 years) investment.

Market Technicals
Market Breadth : 0.45
Market Trends : Short  term trend of market is down. Intermediate trend is DOWN.
Intermediate trend of market will turn UP if market [...]

Read More »

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


Wednesday, June 23rd, 2010

NIFTY technicals

Observations & Possibilities:

Few more dull days possible.
5200  is important support for Nifty on 24 June 10 .
5400 targets for Nifty’s intermediate uptrend.
Moderate risk in fresh long term(1to 3years)investment.

Market Technicals
Market Breadth : 1.80
Market Trends : Short  term trend of market is up. Intermediate trend is UP.
Intermediate trend of market will turn DOWN if market closes bellow 5206 for Nifty.
Support levels [...]

Read More »

Tags: , ,
Posted in Daily Updates | Comments »


Tuesday, June 22nd, 2010

Nifty Technicals

Observations & Possibilities:

Uptrend is disturbed due to today’s selling.
Some stocks may recover tomorrow.
5175  is important support for Nifty on 23 June 10 .
5400 targets for Nifty’s intermediate uptrend.
Moderate risk in fresh long term(1to 3years)investment.

Market Technicals
Market Breadth : 0.40
Market Trends : Short  term trend of market is up. Intermediate trend is UP.
Intermediate trend of market will turn DOWN if [...]

Read More »

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


Wednesday, June 16th, 2010

Nifty Technicals

Observations & Possibilities:

Chances of selling pressure on Thursday.
5220 or 5100 (the green trendline) are important intraday support for Nifty tomorrow.
3 to 5 % move from currant levels is possible, this brings 5050 & 5400 on Nifty  in picture. Global trend will decide the direction of the move.
5340 & 5400 targets for Nifty’s intermediate uptrend.
Any level above [...]

Read More »

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