Nifty Trend Update for 3rd Feb 2009

Trend Turns from positive to negative with 5 EMA Resistance at 2803.

RSI-2 Dips below 50 shows increased selling pressure

Nikkei Warns Correction P&F Charts shows a Double Top Breakdown in Nikkei on September 2. Suggesting that the intensity of correction is likely to increase in coming sessions. Source: www.marketcalls.in
GANN Speculation for Nifty Continues Nifty Hourly chart shows GANN Supports around 4570-4580. Failure to bounce back from this level will target the next GANN Support 4000-4050 in shorter term. Source: www.marketcalls.in
Nifty Weekly Observation 15-Dec-2014 As analysed and shared in previous weekly report the short term trend for market is down and its been a sell on rally since it broke the levels of 8550. This past week nifty future faced […]
Buy Wockhardt; target of Rs 630: Angel Broking Angel Broking has recommended buy rating on Wockhardt with a target of Rs 630 in its February 21, 2008 report. "Wockhardt posted consolidated Sales and Profits of Rs 762 crore and Rs 106 […]
Nifty is trading near major resistance Just check out todays intraday chart of nifty. Nifty try to close above the 200 min EMA. But finally end in vain and still trading below 200 min EMA(2820) which is a hard […]
Market Profile – Spike and Spike Rules Welcome to Market Profile Series. In the last tutorial we seen Market Profile Open Type and Confidence and this tutorial we will be discussing about What is Spike & Spike Rules. By […]