Nifty Weekly Technical Analysis for Week Beginning 23 July

The Grind down continues, Nifty made a high of 5258 and low of 5169 a range of just 89 points from the whole week. Trading sideways market is the most difficult part as a trader, As every time it moves near the upper or lower band many traders buy or sell in anticipation of breakout … Read more

Nifty Weekly Technical Analysis for Week Beginning 15 July

As per Last Week Analysis Nifty made low of 5217 and High of 5349 as we discussed, Nifty has been grinding in a range of 5217-5249 for whole week, this is what happens when we have month of consolidation. Nifty Futures intraday players are having difficult time as nothing is happening,grinding in 20-30 points range. … Read more

Nifty Weekly Technical Analysis for Week Beginning 9 July

It is said that wedding is a step to enter into a practical life and at the time when one is going to be bind in this sacred relation with a lot of prayers, wishes and compliments, it can be hoped that all will go well throughout life. Your wishes are asset of our life. … Read more

Nifty Weekly Technical Analysis for Week Beginning 18 June

The All Important Greece Vote will be conducted tomorrow, What results Financial Market accept  (Click on Link to see) . We have the all important RBI policy on Monday market expectation are as follows Repo Rate :Exp 7.75%, Current 8.0% CRR :Exp 4.75%, Current 4.75% Reverse Repo :Exp 6.75%, Current 7.0%   Nifty Hourly Chart … Read more

Nifty Weekly Technical Analysis for Week Beginning 11 June

Last Week Analysis Trend Deciding level was 4767 and Nifty made low of 4770 and bounced back with a bang. WoW basis Nifty is up by 4.7% rallying with Global markets. Next Week will be crucial and volatile as we have lot of data points coming from India Macro Perceptive. 1)12 June : IIP data … Read more

Nifty Weekly Technical Analysis for Week Beginning 04 June

Last Week was a shocker from Macro Point of View as India’s gross domestic product growth slowed to 6.5% in 2011-12 (Apr-Mar) from 8.4% a year ago and Growth was just 5.3% lowest in last 10 years. From Global perceptive: The HSBC Purchasing Managers Index (PMI) for China fell to 48.7 in May from 49.3 … Read more

Nifty Weekly Technical Analysis for Week Beginning 27 May

Nifty halted its down move, made a low of 4803 but outperformed BRIC as we are up  0.6% WoW basis. Last week as we discussed below 4898  trend remain bearish and Nifty made a low of 4803 high of 4934.Click Here to Read the Previous Week Analysis INR made a life time low of 56.3 … Read more

Nifty Weekly Technical Analysis for Week Beginning 21 May

Nifty continued with its down move  and made a low of 4788 but outperformed rest of world markets as we are down only 0.8% WoW basis. Last week as we discussed below 4995 trend remain bearish and Nifty made a high of 4957 and reached to 4788.Click Here to Read the Previous Week Analysis   … Read more

Nifty Weekly Technical Analysis for Week Begining 14 May

As discussed in last week analysis Nifty Technical Structure look weak and Nifty corrected and closed below 200 DMA on a Weekly Closing basis. GAAR has been delayed by 1 Year and we got a news based rally which got sold into showing the supremacy of Technical Analysis.Last Week we shorted below trend deciding level … Read more

Nifty Weekly Analysis for Week starting 23 April

“The ability to accept the many ups and downs of the market is one of the most important skills a trader can have.” This is an Apt one liner on what happened on Friday at 2:30 PM.  “Flash Crash” happened in NF The Nifty futures crashed over 300 points in afternoon trade, Nifty April futures … Read more