#1
Nifty For Next Week

Nifty made the new high yesterday and also made the good closing. Nifty continuously holding the crucial support level of 5090 to 5100, until it close below one could not expect much correction in it. In upside the short term resistance is seems to be at the range of 5175 to 5180. Closing above could take it the nifty future till 5230. The vital resistance zone is seems to be at the level of 5300 to 5305. :thumb:
 
#2
Bank Nifty This Week

Bank nifty has made the good upside breakout above 9200 but did not made the closing above and also not getting the volume accumulation at higher levels. In it as we had discussed that it could be in upside consolidation for the week it happens. Now in this week we recommend sell on higher levels in bank nifty future. It might face the resistance at higher levels and could be in the range of 9095 to 9345. Above 9345 we could expect the target of 94440 in it. The good support base is seems to be at the level of 8990 to 9000 for it.

EDIT : Your signature should be edited immediately.Dont use this forum to advertise tips giving blogs.......
 
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columbus

Well-Known Member
#5
Re: Nifty For Next Week

Nov'09..........+550 points
Dec'09......... +110 points
Jan'10.......... -333 points
Feb'10 .........+117 points

Mar'10..........5017+ ?????


Guess ?????.
 

simple_trader

Well-Known Member
#6
Re: Bank Nifty This Week

Some of the interesting stocks in Bank NIFTY -

1. ICICIBANK - NR7 kind of pattern
2. AXIS Bank - insider day
3. HDFCBANK - shows reversal
4. SBIN - Trying to sustain above support line.
 

praveen taneja

Well-Known Member
#7
Re: Nifty For Next Week

Nov'09..........+550 points
Dec'09......... +110 points
Jan'10.......... -333 points
Feb'10 .........+117 points

Mar'10..........5017+ ?????


Guess ?????.
if trend follow then in march it must b 500+ and possible on break of 5239.5:clap:
 

scplindia

Well-Known Member
#8
Re: Nifty For Next Week

are you sure it is going to be upside and not down. Global markets are showing fatigue and so is the Indian market.
 

saivenkat

Well-Known Member
#9
Re: Nifty For Next Week

Today i checked individually nearly 150+ stocks in NSE/BSE manually, by clicking their daily charts. I found that nearly in 95% of them, the 3EMA IS BELOW/ nearly touching the 15EMA, indicating that markets are showing some signs of weakness.

Regards
Saivenkat:)
 

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