Posts Tagged ‘technical analysis of nifty’


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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Friday, May 7th, 2010

Free Nifty Technicals

From 14 April 2010 we are saying the level of 5050 is possible on Nifty in  & now Nifty is trading there

Observations & Possibilities:

Global markets have given poor weekly closing with long term impact.
Closing above the  pink line in the chart may attract buyers & short covering.
The Intermediate trend remains DOWN with target of  4960 on NIfty.
Breaking [...]

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Monday, April 19th, 2010

Nifty Today

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Observations & Possibilities:

Nifty [...]

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Friday, April 16th, 2010

Nifty Technicals

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Thursday, April 15th, 2010

Nifty Technicals

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Monday, April 12th, 2010

Nifty Today

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Wednesday, April 7th, 2010

Nifty Today

On 24 Feb We wrote 5400 as possible target for Nifty & Today Nifty achieved it ! NO Magic…Only Technicals!!!

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Observations & Possibilities:

Nifty’s target of [...]

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Tuesday, April 6th, 2010

Nifty Today

On 24 Feb We wrote 5400 is possible on Nifty & Today Nifty is standing there! NO Magic…Only Technicals!!!

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Observations & Possibilities:

Nifty near its target of 5400. A pause in uptrend.
5570-5600 levels are looking possible now.
On downside NIfty may test 5230. Failure to hold 5230 may take Nifty to 5070 & 5000.
Sharp moves possible [...]

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Monday, April 5th, 2010

Nifty Today

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Thursday, April 1st, 2010

Nifty Today

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