Posts Tagged ‘trading’


Friday, January 29th, 2010

Nifty Technical Analysis

Friday Nifty opened with gap on downside and for next three hours there was negative sentiment in the market. Market made panic low at 4766 after the CRR news and then  there was sharp rise of 100 points in Nifty. Nifty intra day support was near 4780. Intra day  resistance for Nifty was near 4880. [...]

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Tuesday, November 24th, 2009

Nifty Today

Tuesday   Nifty intraday support 5060. Resistance near 5110.  Auto stocks were stronger  than market  today while metal stocks were weakre. Global market trend was down  during  Indian market hours. 
Moderate chances of short term downtrend.
  -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  0.60
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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Friday, November 20th, 2009

Nifty Today

Thursday

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Wednesday, November 4th, 2009

Market Today

Wednesday  market erased yestearday’s down move. Support 4670 on NIfty. Resistance above 4730. High volatility. Global market trend was  Up during Indian market hours.  
 4850 Target for Pullback rally. If crossed new medium term up trend will  start. Some stock may resume downtrend tomorrow.
                                                                                                                                                                                                                                   Market Breadth : 7.30  
Market Trends : Short  term trend of market is Up.  Medium term trend is Down.  Medium term trend of market [...]

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Wednesday, October 28th, 2009

Market today

 Wednesday  market found support near 4780 on Nifty. Intraday resistance above 4860. RIL showed strength today. Bank stocks were weaker than market. IT stocks did better than market.  Global market trend was down during Indian market hours.  
American index Nasdaq has started medium term downtrend on Tuesday.
-                                                                                                                              -                                                                                                                                                                                                                                   Market Breadth : 0.55   
Market Trends : Short  term trend of market is down.  Medium term trend is Down.  Medium [...]

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Tuesday, September 8th, 2009

Bull Market starts with pessimism , grows with scepticism and ends with optimism.

Tuesday Market faced selling pressure near 4840 level. There are signs  profit booking in some of the stocks today. Market in  a strong trend. Most probabaly dips will be bought in coming days. Metals , Oil & Gas stocks outperformed market today. Bank stocks were weaker than market today. Global markets were  positive during Indian market [...]

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