Last Week we gave the Weekly Trend Deciding level as 6207 Sensex Nifty for whole 5 days failed to close above 6207 and did 1 target on downside is quiet range bound week of recent times . Nifty has formed 4 DOJI candlestick pattern in last 5 session suggesting an confusion in market participants and… Read More »
Sensex is 300 points from its all time high and Nifty trading at 3 year high, Lets analyze how to trade Nifty in coming week. Nifty Daily Chart Nifty Daily chart is forming a rising wedge formation, Pattern gets invalidated on close above 6207. Any close above 6229 will take nifty to next supply zone… Read More »
Last week we gave Trend Deciding level as 5946 Nifty Nifty achieved 2 weekly target on upside and 1 weekly target on downside so traders were able to capture both upside and downside move :). IIP data was a big shocker August #IIP growth at 0.6% vs 2.6% in July and No Deal on US Debt… Read More »
Last week we gave Trend Deciding level as 5785 Nifty Nifty achieved 2 weekly target on upside and 1 weekly target on downside so traders were able to capture both upside and downside move :). September 2013 corporate earnings will start with Infosys reports Q2 results on Friday, 11 October 2013. IIP data will also… Read More »
Last week we gave Trend Deciding level as 5806 Nifty Nifty achieved all Weekly target on upside with a gain of 271 points. September series has been quiet interesting with Nifty gaining 824 points or 10% in just 12 trading sessions. Both Fed and RBI surprised the market leading to volatility in stock market. Next… Read More »
Last week we gave Trend Deciding level as 5686 Nifty Nifty opened with big gap up and traders were unable to enter longs 🙁 .The government unveils data of inflation based on the wholesale price index (WPI) for August 2013 on Monday, 16 September 2013. WPI inflation is seen accelerating to 5.9% in August 2013… Read More »
Indian market rejoiced the appointment of the new RBI governor and his optimistic road plan, as Nifty rallied almost 372 points from Sep low of 5316 and Bank Nifty 1384 points and Rupee rallied more than 5%. Also Next weak American government will decide to strike on SYRIA as there will be a final VOTE… Read More »
Last Week was the most volatile week in recent trading history with Nifty swinging wildly in range of 750 points and ending the week on flat note. Nifty was falling Against the backdrop of a falling rupee, FII selling and the passage of food security bill in the Parliament accentuated the selling pressure. GDP growth dived… Read More »
Next week is likely to be a volatile one on account of derivatives expiry. Rupee and FII flows would set the tone for the market. Q1 GDP data due 30th August would be keenly watched. Last week we gave Trend Deciding level as 5556 Nifty Nifty achieved all 3 target on downside :).Lets analyze how… Read More »
Stock market on Friday the biggest drop in about two years on fears of capital controls being imposed by the Reserve Bank of India and indicators of slowing economic growth has fuelled concerns about a potential sovereign downgrade. We Won Best Stock Blog Award : The Indian Bloggers Award 2013 (IBA) Last week we gave… Read More »