Nifty

#140 Nifty Update: "Male Victim reports Noon Teasing in Mumbai"

Disturbed with the tagline?? Yes..its true..Traders are teased by Sensex and Nifty today, Infact since few trading sessions.Many hiccups in the trading range was noticed in the last few sessions and market players are not able to decide route clearly. Technically speaking the last bounce from 5583 was from a 38.2% level from the last rally …

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Nifty

#138 Nifty Update: Mein HEROINE Huin……

Since NIFTY has bounced from 5216 to the heights of 5720 last week ,bulls are showing attitude like Kareena Kapoor  and are murmuring “Mein Heroine Huin”….but remember tht same attitude got her down…Arjun Rampal (HIndustan Unilever) has already started moving against Kareena (bulls in our case). NIFTY thinks Randeep Hooda (HDFC Bank) could save her. …

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Nifty

#137 Nifty Update: Markets Flooded!

Markets were flooded with the news in last 10 days and guess what, this flood was happily accepted by the investors as it was all soooo goood!!! Draghi announcing unlimited bond buying —> German court ruling in favor of ESM—> QE3 by FED —-> FDI in retail. This was the sequence of news which gave …

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#136 Nifty Update: "Mission NIFTY 5216 Accomplished"

My post on 23rd Aug titled “Choona na Choona na aab mein overbought ho Gayi” i initiated short on NIFTY at 5420 with various tgts, last being 5216 which was accomplished today.Today NIFTY made a low of 5215.70 jst at my tgt of 5216. This down-slide was accompanied by “Coalgate” scam and weak Manufacturing numbers …

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#135 Nifty Update: NIFTY confirms short term downtrend

As i had mentioned in my last post on 23rd August, strategy was to short at 5420 with stop loss of 5448. NIFTY confirmed the breakout of upside channel by closing third consecutive day below the support line on Friday. My two tgts 5385 and 5357 has been achieved on NIFTY. Coalgate scam is picking …

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#133 Nifty Update: "NFS": NIFTY For Speed

NFS means “Need for Speed” for gamers but for traders in India today it means “Nifty for Speed”. Yesterday i posted and mentioned about the breakout of NIFTY on the downside channel. But today nifty didnt confirm the breakout and was back on track. As it happens it Need for Speed game whn ur car …

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