Tag Archives: Nifty Weekly Technical Analysis

Nifty Weekly Technical Analysis

By | April 7, 2013

Indian benchmark indices that have been precariously poised over the last two weeks began downward journey with persistent selling by FII’s. The Nifty has closed below the 5,600 level and the Sensex below 18,600, both below their 200 DMA ,Nifty ended  down by 2.3% or 129 points  WoW basis.Investors who bought shares with the hope… Read More »

Nifty Weekly Technical Analysis for Week Beginning 13 August

By | August 12, 2012

Nifty is defying that Gravity exists with each small dips is getting bought into(Well it goes with our analysis),but if you look at the internal of market Nifty is driven higher with few stocks namely HUL,ITC and RIL. Bharti Airtel and State Bank of India have broken down after results. So we have  market rising… Read More »

Nifty Weekly Technical Analysis

By | October 3, 2010

Nifty Daily Charts Technically, last six day’s chart of Nifty is moving under channel pattern and breakout can be either side. Nifty breached the psychological mark of 6,100 decisively on the very last day of week and managed to sustain above that, currently facing stiff resistance at 6,210-6,230 if this level breached decisively then we… Read More »