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

Nifty Weekly Technical Analysis for Week Starting 20 April

Next  week is an crucial week as , the Reserve Bank Of India (RBI) will announce its annual monetary policy for the year 2012-2013. Looking at slowing economic growth and lack of capital investment general consensus is for a Rate Cut  after a straight 13 times rise between March 2010 and October 2011. Current benchmark … Read more

Nifty Weekly Technical Analysis for Week Starting 09 April

Last Week Analysis  as we discussed the First Week of new financial year do end up on positive note and Nifty did follow the history to close with a minor gain of 0.5%.Next Week we have the Q4 results pouring into starting with Infosys on 13 April   with RBI Credit Policy  on 17 April … Read more

Nifty Weekly Technical Analysis for Week Starting 02 April

From 01 April 2012 marks the fresh start of  Financial Year 2012-13. Wishing all Readers a profitable Financial year 2012-13.Nifty closed the Last quarter with a gain of 10.38%. Venezuela Stock Market closed with a whopping gain of 70% I did a study how Nifty trades in the first week of a new Financial Year.Results … Read more

Nifty Weekly Technical Analysis for Week Begining 26 March

The following week we expected to be a trending week but again turned out to be a volatile week with daily range of Nifty of almost 100 points. We have march Expiry,Weekly and Monthly closing in the coming week which make in interesting both in term of data analysis and trading. Lets see how technical … Read more