NIFTY TRENDS

Sunday, November 30, 2008

NIFTY VIEW FOR 1ST DECEMBER

STOCKS TO WATCH RCOM

Tuesday, November 25, 2008

Thursday, November 20, 2008

NIFTY VIEW FOR 20TH NOV






AFTER GIVING OUR VIEW TO BOOK PROFIT AT 3100 LEVELS AND WAIT TO ENTER LOWER NIFTY HAS FALLEN CONSIDERABLY NEARLY 600 POINT FALL .
WE FEEL 2480-2530 HAS TO HOLD . IF THESE LEVEL ARE BREACHED ON CLOSING BASIS BIG PAIN CAN COME . BUT WE FEEL WE WILL HOLD HERE .

REGARDS

NIFTY TREND TEAM

Thursday, November 6, 2008

Nifty 7th Nov 2008






This is the nifty daily chart. As told on 5th Nov, we can see that Market corrected corresponding to the CCI resistance line and cci hooked. Now Nifty supports exist at 2780 and 2675. If it breaks 2600 then we can expect to retest the previous lows. So keep a watch on the levels.

Wednesday, November 5, 2008

Nifty update 5th NOV





This is a Nifty update on the chart given on 31st OCT. We see that the market has gone up and we see Market can go first to 3230. There is a CCI trendline resistance. Only on breaking that will we see higher levels and touch the 34 EMA. Will US Presidential Elections also bring cheers to bulls in India???
haha

Tuesday, November 4, 2008

Ranbaxy 5th Nov 2008





This is a daily chart of Ranbaxy in futures. There is a falling wedge in the chart. If it closes above 212 then can see a good upmove upto 270 in a few days. Always keep a SL while doing positional trades.

NIFTY VIEW 4.11.08




ON OUR LAST POST ON USR INR WE SHOWED CHARTS RUPEE AS RISING WEDGE WHICH SUPPORTED OUR VIEW FOR SHORT TERM RALLY OF EQUITY MARKET . NOW WE ARE IN CONGESTION ZONE THOSE WHO HAD ENTERED AT LOWER LEVELS SHOULD THINK BOOK ONCE AND AGAIN ENTER LOWER LEVELS . WE FEEL THAT 2832 LEVELS WILL SOON BE TESTED .


REGARDS
NIFTY TREND TEAM