Nifty

#109 Nifty Update: "That's all Folks" says HINDALCO Chart

Hindalco has been in upward move even though it was downgraded by many brokerage houses. Hindalco gave almost 40 % return from its low in december. Now its turn for some brakes. Today in the opening, price gave confirmation to the formation of “evening star” on the chart. It is the sign of bearish reversal. …

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Nifty

#107 Nifty Update: Channel Move

On my last Post i mentioned “Dirty picture” for NIFTY but it was not much a dirt for the investors. My last post was on 17th Dec and than we saw NIFTY bottoming around 2% from there and bounced backed. Now as you can notice NIFTY has been trading range bound and in a secondary …

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Nifty

#105 Nifty Update: Inverted Head and Shoulder

NIFTY is back in mood so is Me in updating my blog. NIFTY has seen a downfall  towards 4650 after i last updated my blog. Same time last year we had seen a yearly high in 2010 can this time it be a yearly low in 2011???? I strongly believe yes it could be. But …

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Nifty

#104 Nifty Update

100 points gap filled up!!!! Today NIFTY made a low at 5205 which completed the gap of last Friday. NIFTY was as unique as RAONE but difference was that NIFTY hold up the good sentiments while expectation was bearish due to global turmoil last nyt while RAONE was totally opp where expectations were high but …

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Nifty

#103 Nifty Update

Happy New year to all traders!!! NIFTY can’t have given you better beginning than this. Rather we can say Europe made our Diwali. Now you might be thinking what next on NIFTY?? NIFTY chart has turned towards bullish counter after good sessions last week. MACD has been showing strong positions of the bulls. We could …

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Nifty

#102 Nifty Update

§  NIFTY Close: Investors in Garba mood!!!! Today NIFTY fluctuated from Positive to negative giving a start to Navratri Today. NIFTY closed near to my support level of 4945 down by around 30 points. We expect NIFTY to remain same tomorrow. §  IN- HOUSE Updates: 1.        ADAG had a Annual general meeting yesterday and Anil …

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