Monthly Archives: August 2011

Can India Sustain another recession

By | August 31, 2011 11:19 am

India Declared its GDP yesterday and it was the slowest in past 18 months.Given the way Stock Markets are falling in August one got reminiscence of 2008 Crash and pain the investor went through. Now Given the way things are panning out in Europe and USA we can have 3 Outcomes 1. Slow Growth 2.… Read More »

Are Bulls Back on D-Street?

By | August 30, 2011 8:00 am

 Stopping out of losing positions is the only sure way to maintain survival in difficult conflicts and to achieve the complete victory that is your aim. To learn how to live to fight another day is the best advice that all traders can be given. Nifty Hourly Nifty Hourly resisted at Hourly Resistance of 4931… Read More »

Nifty August Expiry Levels

By | August 24, 2011 8:34 pm

Nifty Series expiry generally brings more pain to the people who are already in pain. For August Month Nifty has traded in the Range of 5552-4796 which is a 756 Point Range. This month, bulls are in pain – as if someone have bought at 5400 he is also down by 600 Points if the… Read More »

Has Nifty made Short Term Bottom?

By | August 23, 2011 9:41 pm

The safe way to double your money is to fold it over once and put it in your pocket. Nifty Hourly   On Nifty Hourly Chart Market resisted at the channel resistance @4965-76 levels and gave a quick fall. Today the Gap of 4893-4932 got filled and Hourly Indicators have become overbought. Support will come… Read More »

Technicals:Bank Nifty,M&M and ONGC

By | August 22, 2011 11:28 pm

Bank Nifty Bank Nifty has corrected almost 800 as soon as it broke the Level of 10017 which we discussed in Previous post and Today made the low of 9224. Bank Nifty is Highly Oversold on Charts and Relief rally should is offing if Bank Nifty closes above 9527 Levels. WE should always respect trend… Read More »

Nifty Weekly Technical for August Expiry

By | August 21, 2011 2:20 pm

Excitement is the first & last enemy of traders/investors. Keep a lid on it in this Volatile times. Nifty Hourly Nifty on Hourly Chart is moving in the trending channel as shown in above chart and touching the bottom on downward trendline@4800  before giving a 50 point jump in dying hours of trade on Friday. … Read More »