Monthly Archives: January 2010

Nifty Weekly Technicals

By | January 31, 2010

Nifty daily charts are attached her by 1. Nifty has for formed a Bullish Hammer Formation 2. The significance of this pattern will be confirmed on Monday if we see a white candle or nifty opening gap up and sustaining that move.3. Nifty futures has left a bear gap between 4976 and 4964. This gap… Read More »

Strides Acrolab showing bullish moves

By | January 31, 2010

Strides Acrolab is showing good moves and is showing bullish channel from a low of 154 to a high of 312.Stock is trading above its 5 EMA and takinf support at 20 SMA which is being shown in charts as above,Stock is a buy on dip canditate. It faces channel resistance at 288-92 range.Once that… Read More »

Nifty Whats Next

By | January 28, 2010

Nifty if we take fibo retracement of 5320 from 4539 Golden Ratio of 61.8% Retracement comes at 4828 Area This should provide good support. Resistance at 4930 and 4980 (200 SMA) Region Share on: WhatsApp