Yearly Archives: 2009

Nifty Weekly Technicals

By | December 27, 2009 1:49 pm

On Daily Charts We took support at rising trend line around 4945 and gave a wild and breath taking move which propelled nifty above it 20 SMA and 5 EMA.On Weekly charts we are seeing a rising trend line and if we cross 5210 in coming week short covering will propel us to higher levels.… Read More »

Stocks Trading Technical Ideas

By | December 26, 2009 12:58 pm

Century Textile has formed a triple top at 510 levels.Stocks has bounced from its 50 SMA and trading above its 5 EMA.Buying is advised in the stock above 510 for a tgt of 513 518 and 526.SL 500 Escorts broke above its double top pattern with volume on friday.Stocks is a buy above 127 for… Read More »

Trading Ideas and Nifty Views

By | December 20, 2009 5:51 pm

GUYS am out for some personal work not able to remain connected with market blog will be updated after some time regularly. Please make use of these links for your Trading Nifty Daily Trading Nifty Trading Stragries World Market Charts EOD Charts Nifty

Nifty Technical View and Trading Ideas

By | December 13, 2009 5:46 pm

Nifty has formed a triple top a kind of reversal pattern at 5181 levels.Read More about Triple Top Nifty is trading in a range of 5050-5181 from past 5 -7 trading sessions.There will be a fierce rally if it breaks on either side. Trading Levels for Nifty Support at 5076,5035 and 4982. Resistance 5129 5170… Read More »

Technical View on US Dollar

By | December 11, 2009 9:47 pm

Looking at the shorter-term chart of the dollar, we can also see it has broken out of its downtrend. Despite the falls we have seen in the dollar since the spring, the longer-term channel up has held – for now at least. This chart shows the US dollar index – the dollar vs a basket… Read More »

Few Trading Ideas

By | December 10, 2009 6:17 am

Buy Nagar constructuion around 152-154 levels sl 150 tgt 169 SBI at it 50 DMA will it sustain or break this Support is at 2273 2253 2230

Trading Ideas

By | December 7, 2009 6:27 pm

MindTree formed a double top at 697 good support at 660 if unable to hold at 650 and 630 If it breaks 697 can see 705 and 716 Buy Bhusan Steel if it crosse 1377 for a tgt of 1391 1420 Short Sell if 1300 breaks for a tgt of 1380 1350