Analysing Nifty using various financial tools and applying the principles to the chart
Nifty Technicals
Nifty nearing 200 MA(4351) – Check the blue line – which currently act as a strong resistance. I we are able to...
CMP : 4335 Nifty Hourly Charts Indicating a strong downtrend Channel. And this time possibly Nifty may test 4156-4200 levels. ...
Nifty : CMP 4327.47 Nifty Did it. Ya it takes nearly 24 trading sessions to make the candlestick to close exactly well below 20 day...
Nifty CMP : 4283 Check out the earlier signals from Stock RSI which is currently at oversold levels – 85.2. Stoch...
Nifty CMP : 4529 Still everyone is saying that it is a bear market rally. But the Global situation improves far...
Longterm Trendlines which act as resistance are broken after jan Crashfor the first time on 5th Aug…. Its looks like 15th August for Me…....
Nifty Spot Price : 4395 Here is the Chart for Nifty the tredline showing that we struck at major long term resistance.Just see...
Stock : IDFCCmp : 97Max upside : 103Fresh breakout only above 107. Bearish pattern as said in my yesterday's posting. Stock may wipe it...
Looks Nifty Moving Beyond 4600. If nifty closes below 4244 then supports are at 4203, 4164 and 4077 And Failing to close...
Banking Sector is Trading Near Major Resistance. If the sector Reverses then it is good to short Banking Stocks Like ICICI SBI,...
Nifty CMP : 4313 It Looks we had become bullish after the huge rally on last Wednesday (30/07/08) close. Every Thing Looks...
Stock : Reliance Industires CMP : 2147 21 Day EMA – 2135 Index : Nifty CMP : 4311 21 Day EMA –...