Posts Tagged ‘sotck market’


Wednesday, February 3rd, 2010

Nifty Technical Analysis

Wednesday Nifty opened with gap on upside and went to test the important level of 4950 and failed to cross that. Short term trend of Nifty is up now. Nifty intra day support was near 4920. Intra day  resistance for Nifty was near 4950. FMCG  stocks were strongest for the day. Global market trend was UP [...]

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Monday, January 25th, 2010

Nifty Technical Analysis

Monday Nifty managed to stay above the Friday low and now there are moderate chances of  short term uptrend. Intra day support for Nifty was  near 4980 & resistance near 5020.  Auto stocks were the weakest for the day while FMCG stocks were strongest for the day. Global market trend was down during  Indian market [...]

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Friday, January 15th, 2010

Nifty Technical Analysis

Friday Nifty has given another directionless day. Intra day support for Nifty was  near 5250 & resistance near 5270.  Public Sector  stocks were the strongest for the day while Oil & Gas  stocks were weaker than market. Global market trend was down during  Indian market hours.
Overall Lackluster Week.
In peace prepare for war , in war [...]

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Thursday, January 14th, 2010

Nifty Technical Analysis

Thursday Nifty has started a short term uptrend. Intra day support for Nifty was  near 52400 & resistance near 5270.  Oil & Gas  stocks were the strongest for the day while FMCG stocks were weaker than market. Global market trend was up during  Indian market hours.
Compressed bar formed on Nifty chart. Market to take decisive [...]

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Friday, January 8th, 2010

Nifty Technical Analysis

Tuesday Nifty was  weak for the whole day . Intra day support for Nifty was  near 5240 & resistance near 5270. IT  stocks were the weakest for the day & Capital goods stocks were the strongest. Global market trend was up during  Indian market hours.
Pause in the uptrend. Bank Nifty has remained weaker than Nifty [...]

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Tuesday, December 29th, 2009

Nifty Daily

Tuesday Nifty was trading above the 5180 level  for the whole day. It has closed above 5180 & started  Intermediate uptrend. Intra day support for Nifty was  near 5180. Consumer Durable  stocks were the strongest for the day. Global market trend was up & weak during  Indian market hours.
A Compressed bar  formation on Nifty chart today. [...]

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Thursday, December 24th, 2009

Nifty Today

Thursday Nifty was trading in the zone of  resistance  5140-5190. It failed to close above 5180 & start Intermediate uptrend. Intra day support for Nifty was  near 5130. Auto  stocks were the strongest for the day. Global market trend was up during  Indian market hours. 
If  Nifty closes above 5180 then the probable targets will be [...]

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Monday, December 21st, 2009

Nifty Today

Monday Nifty was holding  intraday support of  4960 till 3 pm but later on cracked that level. Intraday resistance near 4990. Metal stocks were the weakest  while consumer durable   stocks were the strongest for the day . Global market trend was mix during  Indian market hours. 
Last week Nifty had 4th Poor weekly closing  in three months. Its warning [...]

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Thursday, December 10th, 2009

Nifty Today

Thursday Nifty intraday resistance near 5140. Support near 4990. Consumer durables stocks were the weakest while Capital goods stocks were stronger than market. Global market trend was directionless & weak during  Indian market hours. 
Trend extreamly weak.
-                                                                                                                         -                                                                                                                                                                                                                              Market Breadth :  1.90
 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 5050 [...]

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Wednesday, December 2nd, 2009

Nifty Today

Wednesday Nifty remained in a tight range of 5120-5150. FMCG stocks were the weakest while auto stoks were stronger than market. Global market trend was up but weak  during  Indian market hours. 
 A Compressed day formation.
-                                                                                                                         -                                                                                                                                                                                                                              Market Breadth :  2
 Market Trends : Short  term trend of market is down.  Medium term trend is Up.  Medium term trend of market will [...]

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