Monthly Archives: June 2011

Nifty June Expiry Views

By | June 29, 2011 8:24 pm

Nifty Hourly Chart Greek Parliament passes key austerity package is the latest headlines(Buy on Rumors and Sell on News will this again show it effect) Nifty is rising from past 5 days 🙂 Last time in remember Nifty rose from 9 days in a Row Expiry Jitters tomorrow and volatile session is on its way.… Read More »

Nifty Expiry Week View

By | June 26, 2011 11:32 am

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 »

Nifty Levels for 24 June

By | June 24, 2011 12:19 am

Nifty Hourly Nifty Hourly traded as we had discussed in Previous post taking support at lower end of 5255-5245 range and resistance around 5325-5330 levels. Classical Example of Support  5325 (Swing low before the fall) becoming Resistance Today’s  High 5330   Nifty Daily On Daily chart Fibo retracement from a High of 5609 to low… Read More »

Nifty Levels for 22 June

By | June 22, 2011 12:33 am

Nifty Daily Chart Nifty daily has shown an inside day today and tomorrow should be crucial in term of a good trending day based on previous experiences of a INSIDE DAY Fall till 5196 was based on trendline support as shown on above chart. 5389 is crucial top formed trade above which can only be… Read More »

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

By | June 20, 2011 6:37 pm

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 »

Nifty Weekly Technical for Week 20 June

By | June 20, 2011 2:52 am

Nifty Hourly Chart Nifty Hourly chart shows the last support where a Bounce can be expected is last swing low of 5325. Hourly Chart are still in selling channel as shown in above chart and a close above 5391 and 5440 are important resistance levels.   Nifty Daily Nifty Daily is again moving in a… Read More »