Posts Tagged ‘technical calls’


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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Thursday, January 28th, 2010

Nifty Technical Analysis

Thursday Nifty opened with gap on upside and for next two hours the was positive sentiment in the market. But still Bears are having  control over market and because of that market had sharp fall of 100 points in Nifty after testing 4930. Nifty intra day support was near 4960. Intra day  resistance for Nifty [...]

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Wednesday, January 27th, 2010

Nifty Technical Analysis

Wednesday Nifty opened with gap on downside and had free fall of about 150 points. Bears are having total control over market. Nifty could not establish any intra day support due to free fall in market. Intra day  resistance for Nifty was near 4900.  Auto , Metal  stocks were the weakest for the day. Global [...]

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Friday, January 22nd, 2010

Nifty Technical analysis

Friday Nifty opened with panic and then recovered from the day low. Bellow 518It tried to test 5180 level intraday but failed to sustain there. Intra day support for Nifty was  near 4950 & resistance near 5180.  IT stocks were the weakest for the day while FMCG stocks were strongest for the day. Global market [...]

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