Monthly Archives: February 2011

Nifty Positional Trading System Generates BUY

By | February 22, 2011 12:28 am

Nifty Positional Trading System As per Nifty Trading system which can be accessed by clicking on above link Nifty has generated Buy signal after Sell was generated @5998 levels. 5 EMA@ 5482 20 SMA@ 5464 MACD is in Buy mode RSI above 50 which if hold nifty rallies The same has been verified in charts,Hence… Read More »

Nifty Technicals for 24 Feb Expiry Week

By | February 19, 2011 10:10 am

Nifty Hourly Chart Next week is expiry and accept lots of volatility in Nifty.Nifty expired at 5604 in Jan contract and any close above it in next week will make things bad for bear camp because of simple reason Bears will start coming into loss and Bulls even if gave a liitle bit of support… Read More »

Technical Calls :Rajesh Export,ICICI Bank and HCL Tech

By | February 15, 2011 5:21 pm

Rajesh Export Forming Triple top on daily charts @141.5 MACD also showing positive divergence. Buy above 141.5 Tgt 144.2 and 146.96 ICICI Bank ICICI BANK is forming lower top lower bottom formation  and saw good rally from lows of 950 to high of 1066 which coincidentally is 50 SMA@1062.RSI is also hitting upper boundary Sell… Read More »