S&P Technical View

The S&P 500 confirmed the Dow up-trend with a breakout above 950. The index is headed for a test of 1000. Breakout would indicate a primary advance with a target of 1300*, the August 2008 high. Rising Twiggs Money Flow (13-Week) confirms the up-trend. Reversal below 950 is now unlikely, but would warn of a … Read more

Nifty Weekly Technical View

Hi All, Nifty again moved up by 4% the commencing week. What lies ahead in the store Big Boys RIL and ICICI came up with there respective results on Friday and Saturday. RIL was a shocker on BOttom Line front down 13% and there GRM were poorer when compared to state rum company. ICICI were … Read more