Nifty losses its gains and closed marginally negative on 31st, Dec 2008 As of now the trend is neutral.
For the coming session (1st Jan 2009) : Trend is positive until nifty remains above 2950 and short nifty only if drops below 2952 and remain in shorts if closes below 2950 for the day.
Related Readings and Observations
Nifty Hourly turns to sell mode Nifty hourly charts turns into sell mode after breaking the cloud support zone 6170. Now Nifty shorterterm trend is focused towards Selling Bias with 6170 as
trailing stop loss line- Bank Nifty Futures October Expiry Overview After breakout from horizontal trading range in bank index the bank nifty future made its life time high's in past week. The high made on future is 16632 and the weekly close was at […]
- Short Term Buy : BPCL : Target 400
Stock : BPCL CMP : Rs 366.6 Target : 400 Returns : 10% (Approx) Time Frame : 3-7 Days Supports : 34 EMA : Rs 365.4 55 EMA : Rs 351.7 Stop Loss : Rs 351 […]
- USE 5-EMA(High-Low) Strategy to make a right Entry
Ideal Strategy : No Positions until nifty either Breaks and closes aboveeither of the 5 EMA(High-Low) BandEnter Shorts : only if nifty breaks below 5022 on EOD Basis( 5EMA) […]
- Nifty turns to Buy Mode on daily chart Nifty turns to buy mode on daily chart with trailing support coming near to 5388-5400 zone. It is to be noted that the last sell signal on daily chart came around
07 Jan 2011
- Sebi may ban brokers from giving stock tips March 31, 2008 17:47 ISTLast Updated: March 31, 2008 19:24 ISTAmid sharp volatility and selling pressure at the bourses, market regulator Sebi on Monday proposed to ban exclusive […]
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