Wednesday, June 29, 2011
Hurdle ahead
Though nifty closed above 5540..its a minor..just 5 points above that....and 5565/5600 was selling area in recent sessions....so 5565/5605 most crucial.....sell on rise..and carry shorts only if closed below 5480....else trade for a day...like yesterday....
Tuesday, June 28, 2011
Nifty.....5540 resistnace
See as said above 5470....another strong rally....now watch 5540...close above this level will give another 100 points at least...but chances are remote...selling will start again at this level.....
Monday, June 27, 2011
Follow up buying required....
As said major resistance around....market open with gap up and resistance crossed at opening itself......and seen the effect....now follow up buying required....Nifty must trade above 5470 for further rally.....on downside earlier resistance will act as a support...around 5330....
Friday, June 24, 2011
Tuesday, June 21, 2011
Broader view
see downtrend continued
those are daily charts
this is weekly chart
major trendline broken
those are daily charts
this is weekly chart
major trendline broken
Monday, June 20, 2011
NIFTY towards 4700
Nifty towards 4700 now......see why i was shouting for 5328..as it breaks ..in a few minutes there is fall of 133 points in nifty.......now journey towards 4700...lets see....
Wednesday, June 15, 2011
Broader view
See journey as said on 7th april......tgt 5050 intact.....now seems more downside....will update about that
Subscribe to:
Posts (Atom)