Nifty

#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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Nifty

#132 Nifty Update: "Grey Friday"

Confused? Why Grey Friday?..Generally we gve names like Black Friday (Terriost attack), Black Monday (Stock market lower circuit 2004).. thn why not name “Grey” to days to whch we have seen some bearish breakouts or bearish news too. On my view to name it we can name 17th August as GREY Friday for 2 reasons …

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Nifty

‎#129 Nifty Update: "Zara Zara Touch me touch me touch me"

No guys am nt dreaming of Katrina Kaif touching me (as m engaged now :P) but its just that song relates to NIFTY’s trading range since last 2 weeks. As you could notice in the chart, closing has been volatile between bulls and bears…Bulls(Blue moving averages) and bears (downside channel support) are playing tug-of-war but …

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Nifty

#125 Nifty Update: 70 points rain cools off all traders

NIFTY had been range bound last week between 5280-5327 which was considered to be consolidation phase. NIFTY has confirmed the flag pattern breakout on charts today which is considered to be bullish for near term. Fundamentally we have not received any cheering news for the traders but this rally is purely technical or investors are …

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