Nifty and Bank Nifty Weekly Technical View

Nifty Daily Chart Nifty Daily Charts are displayed below showing the power of money dumped by FII.Its a stellar rally which Indian brouses are seeing.Valuation are moving towards bubble territory as NIfty P/E is at 25.11. FII inflow in September 2010, totaled Rs 17,499.43 crore (till 23 September 2010). FIIs had bought equities worth Rs … Read more Nifty and Bank Nifty Weekly Technical View

Nifty Weekly Technical View for Week Starting 24 August

Markets finally broke out of the range and ended the week on very ‘Positive’ note, with NIFTY gaining 1.44% or 79 points or over the week. NIFTY is now hovering around 30 months high. In the coming week, Expiry of AUG contracts in F&O and resurfacing of Economic concerns in global arena are likely to … Read more Nifty Weekly Technical View for Week Starting 24 August

Nifty Weekly Technical View

Nifty charts had formed continuous Hammer Patterns on the chart. Hammer candlesticks are formed when a security moves significantly lower but bulls retraced back from those lows to reach near the open. By day end buyers were able to push prices back to the upper range creating a short body candle with a long shadow. … Read more Nifty Weekly Technical View

Nifty Weekly Technical

Coming week will be a a crucial week for markets, as IIP-data for Feb.2010 will be announced on Monday 12th Apr, consensus estimate is 15.75% as compared to 16.7% previously. Lower IIP for feburary could prove to be a dampner. Following day on Tuesday 13th Apr, IT major INFOSYS will kick-start earning season for Indaian … Read more Nifty Weekly Technical

Nifty Technical Outlook

Nifty made a new 52 Week High @5329.55 levels but bulls were unable to sustain at higher levels. Last Week we saw Bulls facing resistance at 5330 levels and than reversing from that now 5330 if not crossed now will become double top and can be a bearish sign. For authentic breakout of this upward … Read more Nifty Technical Outlook

Nifty Weekly Technical View

Nifty Weekly Technical view is present as below: 1. Market are showing good strength and trading well above 5 EMA. 2. RSI is showing negative divergence 3.Nifty is very near to its 52 week high of 5311 and facing quite a high resistance at 5290 4.Nifty is moving in a channel and will find support … Read more Nifty Weekly Technical View

Bramesh’s Tech present Pivot Point Calculator

Bramesh’s Tech present Pivot Point Calculator  4 System at one Place http://pivotpointscalculator.blogspot.com/ Use this Site for Getting the Pivots Levels Which will be useful for Your trading for 4 System. a) Pivot Pointsb) Camarilla Pivot Pointsc) Woodie’s Pivotd) DeMark’s Pivot Points Will Be providing Detail Write Up on all 4 remaining System in coming weeks