4900 remains the support

Heavy Put writing seen in 4700,4800,4900 PE of OCT series

As of now 4900 in Nifty and 16400 in sensex remains the strong support. And 4990 would probably could act as a GANN Resistance for Nifty

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Nifty Trend Update for 22nd Jan 2009 Nifty negative trend contiues with resistance at 2779Falling RSI-2 also suggest the same.Still Poor Advance - Decline ratio : 7:43Trin : Changes from Bullish to bearish […]
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Webinar : Comparison on Performance of Supertrend After lot many people requested us to compare the performance of various supertrend systems we are geared to sit with the people to test the performance of supertrend rigorously for index […]
Nifty and Bank Nifty 90 min charts for 27 Sep 2012 Trading Nifty and Bank Nifty on the 90 min charts are in Buy mode since 7th September currently both nifty and bank nifty are trading very close to the cloud supports 5629 and 11215 respectively.
Will the Union Budget gives boost to the Market? Railway budget brings a big disappointment in the stock market. Indices slipped from its all time high and nifty and banknifty currently trading around 7585 and 14931 respectively. Union […]