Subscribe: Posts | Comments | Email
March 30, 2010 by | No Comments
Nifty has turned down after taking off the high of 5310 and is now moving in tandem with the indicators. Since four days, the index has been moving higher with a sell in daily KST and a negative divergence on hourly charts, which raised doubts about it moving higher. The breadth and volumes signaled caution—so [...]
March 29, 2010 by | No Comments
Nifty, in the first half, was struggling to march past 5310 but took it off easily in the second. The five-wave declining pattern and the bearish engulfing candlestick pattern on the monthly charts is now negated this gives bulls some relief but bears need to reassess their game plan. The momentum continues to be strong [...]
March 28, 2010 by | No Comments
After giving a breakout from the triangular pattern, Nifty continues to trade on upside surpassing the resistance of 5270 and just shy of 5310—the previous swing high made in January when it had formed a monthly bearish engulfing pattern. The index is trading in an upward parallel channel and above 5310. The next target is [...]
March 26, 2010 by | No Comments
After consolidating for couple of days, Nifty formed a triangular pattern, and today it gave a breakout but missed the high of 5270 by few points. It is moving in an upward parallel channel and taking support at the lower levels as mentioned earlier. 5180 is a crucial level to watch out for. The daily [...]
March 25, 2010 by | No Comments
Food inflation in India dipped marginally in the middle of March, falling to a five-month low, the government said on Thursday. This was the third consecutive drop in food inflation in as many weeks. Inflation also fell in the Primary Articles group and Fuel group, it said. Inflation for the Food Articles group dropped to [...]
March 25, 2010 by | No Comments
Nifty traded within a range for yet another day with the expiry of March F&O contracts due on day after tomorrow (Thursday; March 25, 2010). There are clearly two levels Nifty needs to watch out for—5180 on the lower side and 5270 on the higher side, as this is the range in which the index [...]
March 22, 2010 by | No Comments
S&P sovereign outlook revision for India helped Nifty close in green for yet another day and post a positive weekly close for the sixth week in a row. The aggressive target of the inverted head and shoulders pattern has been achieved and so is the five-wave rise on the hourly charts, as Nifty just missed [...]
March 12, 2010 by | No Comments
After couple of days of dullness, the Nifty showed some action in the final hour of today’s trading session, breaking the range of 5147-5068 and also the high of the pop gun candlestick pattern formed yesterday—this is a positive near-term signal. Going ahead, the upside target of 5180, the 78.6% retracement of the fall from [...]
March 11, 2010 by | 1 Comment
The Nifty is above 5100, but the momentum is weakening, and the high of yesterday proved to be a resistance today. The index had come below the upper Bollinger band in yesterday’s session, which is also acting as a resistance in the near term. On the higher side, 5147 is a resistance above which the [...]
March 10, 2010 by | No Comments
Man Infraconstruction Ltd IPO Listing Info Man Infraconstruction Ltd is a construction company located in Mumbai. In the recent past, the Company has undertaken various construction projects in the six states of Maharashtra, Kerala, Gujarat, West Bengal, Goa and TamilNadu. The Company provides construction services for port infrastructure along with residential, industrial, commercial and road [...]
Day Trading Provides you Free Day Trading Calls with Latest Market News and Market Buzz With all Reports.
Design by Web Hosting. In collaboration with HostMonster Review. Hosting Talk. HostGator Coupon.
© 2009 Copyright. All Rights Reserved.
