Nifty nearing 200 MA(4351) – Check the blue line – which currently act as a strong resistance. I we are able to cross on closing basis then chance of a new uptrend. Else to see 4159-4200 levels.
Related Readings and Observations
- Call writers Conquered 4800 Strike Price Call writers are very busy in 2010 season. They had shorted 5300CE,5200CE,5100CE,5000CE right from 17th Jan 2010 onwards. And in the February season they started writing 5000CE on […]
- Things you need to Know about Direct Mutual Funds Under the direct mutual fund plans, you go to the mutual fund house directly for investment. Since there is no distributor involved, no commission is to be paid. Thus, the expense ratio is […]
- Dow Jones Weekly Charts indicates Bull market Dow Jones maintains the ichimoku weekly charts is in buy mode for the past 3 weeks indicating the start of long term uptrend with long term supports built around 11289 zone.The Dow Jones […]
- Nifty and Bank Nifty 90 min charts for 7th Feb 2012 Nifty and Bank Nifty 90 min charts are shown. Currently both are in buy mode with ichimoku cloud support coming around 5168 and 9802 respectively. Nifty highest open interest builtup […]
- How to Transfer Funds from SBI ATM Tranfer your money from SBI Bank ATM using Card to Card Transfer Facility this is equivalent to transferring to another bank account. To use this facility when you swipe your card you will […]
- [Webinar] – Algorithmic Trading in India – How to start, Common pitfalls, and Profit opportunities This E-Meetup is for anyone interested in creating and using algorithms in the financial markets.Mr Rajib Ranjan Borah(Co-Founder - Quantinsti) will walk you through the essential […]