Monthly Archives: June 2011

Technical View on:Nifty,SBI and HUL

By | June 27, 2011

Nifty Hourly Nifty kept on its momentum build on Friday and rose another 1 % today. On Hourly chart Resistances are @ 5565 and Mother of All Resistance 5610. Indicators should only be used for trade confirmation . As you can see in Hourly charts all indicators are in overbought zone and it does not… Read More »

Nifty Expiry Week View

By | June 26, 2011

Nifty Hourly Nifty has broken its 5250-5330 range and What a move.Breakout moves takes everyone by surprise and when the whole world is bearish. The most part of trading is applying your trading discipline and  controlling your emotions.As a trader you should change your color as soon as  market changes the Color.   Market is… Read More »

Trading Concepts:GTL Limited,GTL Infra,RIL and TATA Motors

By | June 20, 2011

This Post is for knowledge purpose. GTL Infra Never take a trade based on oversold/overbought indicators. GTL Infra  has been oversold  on Daily charts but on oversold chart can go it more oversold levels. Till the pain is not over. It all depends on Demand and Supply so learn it a lesson never belive on… Read More »