Category Archives: Daily

Nifty weekly Chart for 25-29 August

By | August 23, 2008 1:05 pm

WEEK GONE BY_____________Support was expected & suggested(last week) at previous resistance trendline(now support trendline) around Nifty 4230, Nifty bounced from 4248 on Friday,contrary to expectations. WEEK AHEAD___________Nifty has taken supports as expected, but still weakish. Nifty is strong/weak above/below 4370 for the week. Nifty very weak on close below 4200, very strong on close above… Read More »

RIL – RNRL GAS DISPUTE

By | August 22, 2008 6:53 pm

By SP Tulsian Reliance Industries Ltd. (RIL) K. G. Basin gas supply dispute with Reliance Natural Resources Ltd. (RNRL) being heard by a Division Bench in Bombay High Court, took a new turn, when one of the judge on the Bench, Justice Mr. J. N. Patel, asked, why the brothers in dispute could not approach… Read More »

22 Rules of Trading

By | August 22, 2008 5:02 pm

We give you Master Trader Dennis Gartman’s 22 Rules of Trading, many of which you can apply to all sorts of life situations, as well as the markets. 1. Never, under any circumstance add to a losing position…. ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin! 2.… Read More »

SEL Manufacturing updated charts

By | August 19, 2008 3:13 pm

SEL Manufacturing bounced from its support at 265 levels today and closed at 310 levels According to RSI stock is in Oversold position and partial entry can be taken care in the range of 250-265 levels only for long term with a room for averaging around 200 odd levels which is very rare chance. Now… Read More »

LITL CHARTS

By | August 18, 2008 3:31 pm

LITL is in a down trend has broken the Triangle breakdown. It’s Unable to move above its 50 EMA of 350 where its facing strong resistance.If market are positive in coming days accept a bounce from 285 levels in today or tomorrow trade Good Buying oppurtunity emerges at 235 odd levels.But for trading perspective and… Read More »