Archive for the ‘ NIFTY ’ Category

Pivot Point Trading

[ READ MORE ]

Indian Markets : Is it bottoming Out?

The Indian market went through an impressive five-year bull market, beginning in 2003 and running until January 2008, fuelled by over $50 billion in FII inflows. During this period, corporate earnings surged at an unprecedented annualised rate of 32%, while multiples expanded from 9x to 19x at their recent peak. Unfortunately, since then, India’s market [ READ MORE ]

Nifty: Under pressure

” As soaring crude oil prices, high inflation and weak global cues dampened sentiment, the Indian bourses hit the lowest level in calendar year 2008 during the week”. BS 16th June 2008  In a process NIFTY has lost nearly 28% from its peak(week ending 05th Jan2008) and  a long term investor like me has lost  more than [ READ MORE ]

Nifty, above 6000

  • December 17th, 2007
  • Posted in NIFTY

The market is likely to range trade between 5,950-6,250 in the next week with slightly lower volumes. This would be a normal consolidation after a breakout. In the  intermediate to long-term ( 6-8 weeks), we can look forward for 6,350 for the Nifty. The short-term trend is negative, the intermediate and long-term trends are positive. Weekly/daily [ READ MORE ]

Nifty, on a run

  • December 3rd, 2007
  • Posted in NIFTY

November series closed at 5635, however the month ended with a bang at 5763. Month to month Nifty has lost some 137 points however week to week Nifty is on a run. Momentum seems strong on the technical charts, in case Nifty continues its gain from the week end, it has an upward bias & likely to cross 5950 [ READ MORE ]

Nifty EOD, Icharts

  • November 22nd, 2007
  • Posted in NIFTY

[ READ MORE ]

Market Outlook

  • November 19th, 2007
  • Posted in NIFTY

Nifty had fantastic last week ended almost 400 points up at 5906, crossing 5950 in the process (Pls refer last post). On the daily charts once again all indicators are in the positive zone which gives me confident that Nifty surely cross the 6000 level this week comfortably & march forward[ READ MORE ]

Nifty

  • November 14th, 2007
  • Posted in NIFTY

Not only Nifty  touch 5705 but convincingly surpass the pass 5750 on the upside on the backdrop of the left clearance to the centre for Nuke discussion.  On the back drop of the local & strong global cues from US market, Nifty is likely to have a Gap up opening around 5775-5800. RIL & LT likely [ READ MORE ]

Nifty

  • November 13th, 2007
  • Posted in NIFTY

Nifty likely to touch 5705-5725 on upside, while maintaining the support at the 5650 & 5575 on lower side. Considering the low volume & decline in the market,  high volatility seems to be the order of the day can lead to higher margins[ READ MORE ]

Follow

Get every new post delivered to your Inbox.