Yearly Archives: 2010

Nifty Technical View in Expiry Week

By | December 25, 2010 4:55 pm

Nifty Daily Chart Nifty is forming ascending triangle on daily chart which is a bullish breakout pattern. It is moving near to upper trend line of the triangle and expecting a breakout on upside in near term. Resistance  at 6,025 (50 DMA) while Support stand at 5920 (20 DMA). On upside if level of 6,040… Read More »

Bank Nifty Technical Analysis

By | December 20, 2010 6:26 pm

Bank Nifty has been under performing Nifty from past few trading sessions and if Nifty wants to get out of the range of 6070 than we will require the help of Bank Nifty. As financial form the major component of Nifty we require there support for getting out of range. Bank Nifty Daily Chart Bank… Read More »

Nifty Weekly Tech Analysis for Week Starting 20 Dec

By | December 18, 2010 2:06 pm

Nifty Long Call Initiated by Nifty Trading System [Click on Link to Know more about Nifty Trading System] Nifty spot has crossed 5 EMA over 20 SMA on upside with MACD also showing positive divergence. As stated in Post we can initiate longs in Nifty with SL of 5855 Nifty Daily Chart Nifty on Daily… Read More »

Techical and Investment Calls:Hanung Toys,ALLABHAD BANK

By | December 12, 2010 10:12 am

Market is a place where all kind of rumors born in pessimism and some quarter take advantage in hammering the stock in the name of somebody else for personal gains. If the valuation is right even if somebody is involved the stock will find support See that you do not enter at wrong valuations. Hanung… Read More »

Nifty Technical Level for Week Starting 13 Dec

By | December 11, 2010 7:36 am

Overall during the week ended 10th December 2010, the market witnessed a steep slide, with small-cap and mid-cap stocks taking a beating on concerns over regulatory crackdown on companies indulging in price rigging and an ongoing investigation into telecom corruption scandal. We anticipated both downside and upside in below posts Nifty Ready for Bounce Nifty… Read More »

Will Nifty Bounce Back after Crash

By | December 9, 2010 12:26 pm

Monthly Chart 5 Monthly EMA@5750 if broken we are heading towards 5500 Nifty Weekly Analysis given on 6 dec[Click on Link and Charts to enlarge] Weekly Chart Near trendline support and there is lots of panic in market am advising all my readers to use this oppurtunity to deploy cash because bounceback will be fast… Read More »