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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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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. [...]
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Reading Glossary is recommended for better understanding of this column Observations & Possibilities: Nifty hit our target of 4850 today. Sharp Short covering is possible if Nifty sustains above 4980. 4620 is second target in short term for Nifty. 4200 possible in few months on NIfty. Intermediate trend of Nifty will turn UP if it closes above 5105. Fresh Long [...]
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