Monthly Archives: May 2009

Nifty and Stock Specific view for 22 May

By | May 21, 2009 5:34 pm

Nifty after having a Historical Stat of the week has come under pressure and is bleeding from past 2 days.Now what next for Nifty Nifty looks week below 4200 and closing below that can see more weekness and gap is also left to be filled from 3800-4200. Nifty Pivots Support is at 4167 4123 4047… Read More »

S&P Technical View using Twiggs Money Flow Indicator

By | May 18, 2009 2:16 pm

The S&P 500 retreated from strong resistance at 940 and is similarly consolidating in a narrow range on low volume. Reversal above 900 would signal another test of 940, while breakout below 880 would test 830. In the longer term, the bear rally is expected to fail. Twiggs Money Flow (21-Day) reversal below zero would… Read More »

Nifty Gone with the Wind with 20%UC

By | May 18, 2009 1:12 pm

Markets are unpredictable,Proved once again. UPA getting a clear mandate withotut left was game changer and the way in which the markets behaved on opening trade on Monday morning further reiterated this fact. If the UPA’s win was historic and exemplary then the opening trade of Dalal Street today morning was even more historic and… Read More »

Nifty Weekly View and Trading Ideas

By | May 17, 2009 1:22 pm

Hi All, UPA gor a clear mandate and Left Party are left out,A real booster for Bulls.Lot of fund managers retailers were waiting for a Golden Dip to buy but markets are supreme and have befooled us again. Tommorow Nifty is poised to open with a Huge gap up and if 3820 is crossed which… Read More »

Circuits limits of sensex and nifty

By | May 17, 2009 10:03 am

Like circuit limits on individual stocks, there are restrictions on the movement of indices (Sensex and Nifty). There are 3 types of circuit limits 10%,15% and 20% limits. These circuit limits are applicable for the movement of the indices either in positive direction or in negative direction. Trading in both the exchanges will come to… Read More »

Nifty Daily EOD Charts 14-05-2009

By | May 14, 2009 6:20 pm

Nifty took support @3550 and bounce upwards but unable to cross 3635 Now we face an immediate resistance @3616 which is 5 EMA and after that 3637 We have formed tripple top around 3710 levels so lets see is we are able to breach that or not.All depends on outcome of election results. The 10… Read More »

Technical Chart for Welspun Gujrat

By | May 13, 2009 6:09 pm

Welspun Gujarat seems to be locked in a range from110 to 118. Today’s fall was with lower volumes Also a positive divergence was visible in Win%R (14),Oscillator So one can initiate long above 119.1 with a sl around 114.Buying can also be initiated near 109 if it opens gap down tomorrow.