Nifty Weekly Outlook: 18-22 Feb

Bears kept ruling the Dalal Street for 3 week in row as Sensex and Nifty closed at 2013 low, with Nifty closing with cut of 0.3%, .Headline Inflation cooled off to 6.6% lowest in Jan with Core Inflation also coming at 4%, IIP data continued to be dismal at -0.6%. Moody warning of widening CAD … Read more

Nifty Daily and Bank Nifty Daily Chart Technical Analysis

Nifty Nifty as  discussed yesterday has taken support at trendline support and formed a double bottom at 5217. Now trend is Sell on Rise till 5331 is not broken. SGX Nifty is suggesting a gap up opening till 5283-5295 is not broken in hourly basis trade with caution on long side for intraday. Buy above … Read more

FII F&O Data analysis for 7 Sep trade in Nifty Future

Mario Draghi has delivered the Bazooka for Bulls by saying the below points in his press conference. EU Market are roaring with US markets also climbing as ADP Jobs At 5-Month High ECB HAS DECIDED ON MODALITY FOR BOND PURCHASES IN SECONDARY MARKET DRAGHI SAYS PURCHASES WILL ADDRESS DISTORTIONS IN BOND MARKETS DRAGHI SAYS ECB … Read more

FII F&O Data analysis for 3 Sep trade in Nifty Future

“Even if the GDP growth number is at 5.5 percent – much above the market expectations, there is no doubt that the country has fallen into a low growth trap due to a continuing fall in fresh investments. The combination of high growth in construction activity and low growth in manufacturing is worrisome from the … Read more

Nifty Weekly Technical Analysis for Week Begining 28 November

As per Weekly Technical Analysis for 9 November (Click on Link) we have discussed the possibility of heading back to 4720 and breaking the levels again with a simple Logic of 200 and 50 DMA. You can read the full post by clicking on above link. My article for MACD have been published in Futures … Read more

Nifty Technical View for Week Starting 05 September

Global Economy has got some more shocks to live with in the coming week Issue1: U.S. Authorities SUES 17 BIG BANKS for $196Billions OVER MORTGAGES during SUB-Prime Crises Issue2:“GREECE” IS BACK as Germany and other Creditors not satisfied with Austerity measure and next round of bailout in on HOLD Nifty Hourly Nifty Hourly Chart has … Read more