Analysing Nifty using various financial tools and applying the principles to the chart

Nifty Technicals

Updated Hourly Charts

  Nifty nearing 200 MA(4351) – Check the blue line – which currently act as a strong resistance. I we are able to...
Rajandran R
9 sec read

Nifty Hourly Charts Indicating Further Downtrend

  CMP : 4335   Nifty Hourly Charts Indicating a strong downtrend Channel. And this time possibly Nifty may test 4156-4200 levels.  ...
Rajandran R
22 sec read

Nifty, Nifty Constituents and Escape Velocity

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...
Rajandran R
2 min read

Nifty 3 year Charts and 50 day Stock RSI

  Nifty CMP : 4283   Check out the earlier signals from Stock RSI which is currently at oversold levels – 85.2. Stoch...
Rajandran R
21 sec read

Testing Week for Nifty

  Nifty CMP : 4529   Still everyone is saying that it is a bear market rally. But the Global situation improves far...
Rajandran R
51 sec read

Say Happy Birthday for the Baby Bull

Longterm Trendlines which act as resistance are broken after jan Crashfor the first time on 5th Aug…. Its looks like 15th August for Me…....
Rajandran R
14 sec read

Nifty Trading Near Major Resistance : Is the Party…

Nifty Spot Price : 4395   Here is the Chart for Nifty the tredline showing that we struck at major long term resistance.Just see...
Rajandran R
59 sec read

Tech Check and Nifty Comparision.

Stock : IDFCCmp : 97Max upside : 103Fresh breakout only above 107. Bearish pattern as said in my yesterday's posting. Stock may wipe it...
Rajandran R
31 sec read

Updated Nifty View

  Looks Nifty Moving Beyond 4600. If nifty closes below 4244 then supports are at 4203, 4164 and 4077 And Failing to close...
Rajandran R
6 sec read

Banking Stocks Trading Near Major Resistance

  Banking Sector is Trading Near Major Resistance. If the sector Reverses then it is good to short Banking Stocks Like ICICI SBI,...
Rajandran R
40 sec read

Confusion With Nifty Direction Solved – We are Moving…

  Nifty CMP : 4313     It Looks we had become bullish after the huge rally on last Wednesday (30/07/08) close. Every Thing Looks...
Rajandran R
37 sec read

Will Reliance save the fellow Nifty?

  Stock : Reliance Industires CMP : 2147 21 Day EMA – 2135   Index : Nifty CMP : 4311 21 Day EMA –...
Rajandran R
1 min read