Nifty

#6 Article: Markets at a glance

Nifty has still been trading in the downside channel. In last month issue I did mention that the market was in crucial range between 5855-6118 and could go either. Unfortunately it was on the downside. India was under-performing its western peers. Last month was full for global events which had some profit booking effects on …

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Nifty

#154 Nifty Update: Car is back on Track

It was the perfect morning for all traders as we saw a gap up opening after a long time. But for technical followers close was more perfect than opening as the closed exactly depicts a perfect bullish reversal pattern “a morning star”. All the three candles included in the pattern have shown a perfect resemblance …

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Nifty

#152 Nifty Update: Channeling on Nifty witnessed

Nifty has been witnessed riding in the channel since last 2 months and today we saw low at that support line for 3rd time in same channel. 5750-5794 is the strong support range on the nifty charts as many technical points are clustering around the same level. Still i am not seeing much downside to …

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Nifty

#5 Article: "Fragile-Handle with Care"

                          Tremendous performance by Nifty last month!!  Last Month issue i did mention to go long with targets of 6045/6150 on Nifty and we achieved it with no stoppage. But now nifty is packed up with a box and its delivered with sign …

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Nifty

#4 Article: Traders are betting on IPL players

Indian Premier League is the most trending topic, as of now, for discussion all over the social networking sites as well as social gatherings. Interesting to note that even stock market traders are talking about them but for them IPL is “Index Premier League”. Almost every day (for investors every month), they try to find …

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Nifty

#3 Article: When on a tip of the Ice-Berg……

                         Just Imagine yourself on the tip of the Ice-Berg!! When you look down you will feel that ice-berg ends at the water-level but the basics says the height inside the water is more than above water. Nifty traders are exactly standing at the …

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