Posts Tagged ‘RIL’


Tuesday, March 2nd, 2010

Nifty Today

SEE Swing Trading Calls In Feb 2010 at BOTTOM of this page.
Tuesday Nifty has closed above 4950. We saw a strong trending session. Nifty established  4980 as intra day support. Auto stocks were strongest. Global market trend was mix during  Indian stock market hours.
Observations:

Some stocks might face profit booking in coming days.
Fresh Intermediate up trend has [...]

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Tuesday, February 9th, 2010

Nifty Technicals

Tuesday Nifty faced selling pressure near 4800. Market may move sideways between 4680 & 4840 as a pause in downtrend. Nifty established 4740 , 4780 as intra day support. Intra day  resistance for Nifty was near 4800. IT  stocks were strongest for the day. Global market trend was up during  Indian stock market hours.
Observations:

RIL is relatively weaker [...]

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Wednesday, January 20th, 2010

Market outlook

Nifty might start Intermediate downtrend. Closing bellow 5170 needed.
Wednesday Nifty opened with optimism but was unable to continue on upside. Intra day support for Nifty was  near 5220 & resistance near 5250.  Auto & Metal stocks were the strongest for the day while Public sector  stocks were weaker than market. Global market trend was down [...]

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Tuesday, December 1st, 2009

Nifty Today

Tuesday Nifty was positive througout the day. Intraday support near 5080. FMCG  stocks were the weakest despite of strong market. Global market trend was up during  Indian market hours. 
  Today’s closing  higest  in last one month. Most probably market will continue making new highs in coming days.
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  11
Market Trends : Short  term trend of market is up.  Medium term [...]

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Monday, November 30th, 2009

Nifty Today

Monday Nifty Showed  strength in first half of the session & weakness in second half . Intraday resistance near 5060. Short term trend is up now. Metal stocks were the strongest today. Global market trend was directionless  during  Indian market hours. 
 Nifty moving  between  4920-5100 from last three weeks. Breakout from this range will start fresh trend .
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  6.80
Market Trends : Short  term trend [...]

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Thursday, November 26th, 2009

Nifty Today

Thursday Nifty failed to hold  intraday support of 5090 & then there was a crack. Short term trend of market  is down now. Global market trend was down  during  Indian market hours. 
As mentioned on 23 November “Fresh Buy Signal will fail if Nifty closes bellow 5050″ . Nifty closed at  5005 on 26 November resulting in a panic on Friday morning.
  -                                                                                                                         -                                                                                                                                                                                                                                [...]

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Wednesday, November 25th, 2009

Nifty Today

Wednesday   Nifty intraday support 5100. Resistance near 5140.  FMCG stocks were stronger  than market  today . Global market trend was up  during  Indian market hours. 
Experts might use “RIL Bonus” as an opportunity unload RIL.
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.75
Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market will turn Down if market closes bellow [...]

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Monday, November 23rd, 2009

Nifty Today

Friday   Nifty intraday support 5090. Resistance near 5110.  RIL was stronger  than market  today. Global market trend was UP  during  Indian market hours. 
 Fresh buy signal by Nifty. Signal will prove  to be wrong on Nifty closing bellow 5050.
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  1.2
Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market [...]

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Friday, November 20th, 2009

Nifty Today

Thursday

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Monday, November 16th, 2009

Nifty Today

Monday  market opened with gap and remained in a trading range of 20-25 points on Nifty.  Support near 5020.  Resistance near 5090. Auto Stocks were strongest today. Global market trend was up during Indian market hours. 
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  4.00  
Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market will turn Down if market [...]

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