Monthly Archives: July 2009

SBIN short term Technical View

By Bramesh | July 28, 2009

SBI The PSU behemoth charts are presented: Technical Observation:Stock is at its resistance zobe of 1740 once thats is crossed can bounce till 1766 and 1793 Support for stock comes at 1672 and if thats get broken can fall easily till 1630 1570 1500

S&P Technical View

By Bramesh | July 28, 2009

The S&P 500 confirmed the Dow up-trend with a breakout above 950. The index is headed for a test of 1000. Breakout would indicate a primary advance with a target of 1300*, the August 2008 high. Rising Twiggs Money Flow (13-Week) confirms the up-trend. Reversal below 950 is now unlikely, but would warn of a… Read More »

Nifty Weekly Technical View

By Bramesh | July 26, 2009

Hi All, Nifty again moved up by 4% the commencing week. What lies ahead in the store Big Boys RIL and ICICI came up with there respective results on Friday and Saturday. RIL was a shocker on BOttom Line front down 13% and there GRM were poorer when compared to state rum company. ICICI were… Read More »