NIFTY Technicals.

The UPA victory gave a sharp movement in the markets. Couple of upper circuits and the markets were hardly open for 50 seconds on Monday.Tuesday we saw a record turnover also witnessed by profit booking.NIFTY Looks over brought. High volatility expected in the markets in the coming week. Last week we saw NIFTY zooming up.Last [...]

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Yesterday we saw the Indian Markets moving north. Today we started off in red and later the markets started picking up. Markets were up over 600 points on BSE before it witnessed profit booking ending up in red. Volatility was very high.The total turnover was remarkable. Over 1.4 lakh crores. NIFTY Overall mode is Bullish.NIFTY [...]

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Basically the win of Congress will surely take the markets up this Monday. It would not be influenced by more of technicals and global markets. Last week we saw NIFTY was in a range bounded mode.Last week NIFTY closed at 3620 and this week at 3671 a minor gain.FII’s participation was good.NIFTY TRIN at 0.748Over [...]

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Today we saw a gap down opening in the Indian Stocks markets due to bad global cues.NIFTY is all depended on two factors – Global Cues. Election results. Volatility is expected to be high due to forth coming election results on 16th May. NIFTY TRIN at 1.016 NIFTY magic levelsCurrent Spot – 3593.45Support – 3540 [...]

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NIFTY gave an excellent gain even after the bad IIP data.Large caps gave excellent returns.NIFTY broke the first resistance and rallied towards the second resistance.Now NIFTY seems to be in a bullish mode. NIFTY TRIN at 0.446 NIFTY magic levelsCurrent Spot – 3681.1Support – 3646.20 and 3610Resistance – 3704 and 3734 Action – Wait and [...]

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We saw today the markets coming down.I said in my earlier post that we may see a volatile section today.We saw major Index stocks falling down.US markets have opened lower. Europe is also trading negative.So again a volatile day for NIFTY tomorrow. NIFTY magic levelsCurrent Spot – 3554.60Support – 3505 and 3470Resistance – 3590 and [...]

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We saw that NIFTY is in a bullish mode.NIFTY gave huge returns over nine weeks.We may see rally on Monday.We may see a bit volatility.FII inflow in the last week was tremendous. NIFTY magic levelsCurrent Spot – 3620.70Support – 3585 and 3520Resistance – 3680 and 3745Stocks to watch out for in the coming week Click [...]

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Last week we saw NIFTY was in a range bounded mode. Volatility was seen. Followed by many holidays n markets.Last week NIFTY closed at 3480 and this week at 3473 a flat one. FII’s participation was good. This participation can be reduced due to Swine Flu fear.NIFTY TRIN at 0.42Over all Nifty is Range Bounded.NIFTY [...]

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Last week we saw NIFTY was in a range bounded mode. Average uptrend was seen. Followed by strong global cues.Last week NIFTY closed at 3384 and this week at 3480 an increase of 100 points odd. A good one.FII’s participation was good.The week was followed with good global cues and also good local cues. (Rate [...]

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Last week we saw NIFTY was in a range bounded mode. Average uptrend was seen. Followed by strong global cues.Last week NIFTY closed at 3342.05 and this week at 3384 an increase of 40 points odd. A moderate one.But we saw sell off’s coming from higher levels.FII’s participation was good.The week was followed with good [...]

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