Nifty

#197 Nifty Update: Critical Range 6164-6328

All of sudden was drawing trend-lines on weekly nifty chart and came across two lines which are guiding nifty’s road. After market Inflation was announced which has eased with higher margin compared with last month but i guess last hour move of Nifty cld have discounted that. Technically indicators have all of sudden spurt up …

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#196 Nifty Update: TICKET CONFIRMED

Bears have got a confirmed ticket to 5700-5900 which they booked last week wtih “Bearish Engulfing” travellers co. As you all could see “Rectangle” marked on top which suggest a perfect Bearish engulfing which is even confirmed with a lower low candle last week. As i said now bears have confirmed ticket but there is …

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#195 Nifty update: "Double Toppings on Nifty"

We all get excited when we get double toppings on Icecream or Pizza but i guess after todays close bulls wont be happy with the ”Double topping of Bearish Engulfing pattern on Nifty’s Weekly chart”. On other side Bears would be happy of the toppings. Now time will say who can digest this double topping..Bears …

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#193 Nifty Update: A pause on the way

As we mentioned in our article update, Long was our call on nifty after Fridays move. Safe traders were recommended to go long above 6212 and i hope all are long. but todays move shows a pause on upside move. I am sure it is a short term pause!!! Nifty might hangover around these levels …

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#10 Article: Drifting Nifty

Nifty has been driving investors and analyst crazy in last months and in November it was drifting around the crucial turning points on the index.  We had advised to go long at 5833 on 29th September or to say October issue. We recommended Hold with tgts of 6212/6370/6500 but we could only achieve 6212 and …

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#192 Nifty update: Smell of Rotten Stocks

After a long break when i look at the charts, i am smelling some rotten stocks which are over ripped and could throw away investors profit if not got away from it at right time. On my last post was long with small stop loss at 6030 which is been triggered. Now charts seems losing …

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#191 Nifty Update: Nifty-Leela is a BlockBuster

Weekend leela fever continues, whether its Ram-leela or Nifty leela, both had are Blockbuster for the people. On last thursday as i mentioned we had a morning star pattern formation and we had left with confirmation and today we got that with a booster. Global markets had performed good over the weekend plus RBI said …

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#190 Nifty Update: Nifty Salutes Sachin

Just one word which was lingering around the lips of everyone, atleast in India was ‘Sachin. Sachin, Sachin!!! Today was the day where everyone saluted Little Master Sachin Tendulkar for his last appearance in International cricket so did Nifty saluted him with a grand opening after 7 consecutive negative sessions. Nifty played a unbeaten 100* …

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#189 Nifty Update: Haathi vs Chiti

We all have forwarded funny sms Jokes of Haathi vs Chiti  but now traders are experiencing such fight on Nifty Chart. As all technical analyst could make out from my markings on chart that two “head and Shoulders” pattern are visible i.e., One being a confirmed breakout (Haathi) and Second being in formation (Chiti). That …

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