All Entries in the "S&P CNX Nifty" Category
Nifty Analysis – 29th January 2012
Nifty continues to trade strong and is likely to witness buying at lower levels. Broad based market participation indicates that there is fresh money which is flowing in the market. Unless signs of reversals emerge, it is very unlikely for the market to correct substantially.
Nifty Analysis – 23rd January 2012
Nifty finally moved up to 5000 as mentioned in the earlier video. Going forward, 5080 – 5180 is going to be a difficult zone to cross. However, I do expect that market will eventually go past this level. The concerns relative to RBI and Europe still persists and hence longs should only be held till [...]
Nifty Analysis – 8th January 2012
Despite all the gloom around, we strongly believe that Nifty is in the process of bottoming out. If the recent lows of 4500 can hold, then Nifty is all set to scale 5000 – 5200 in this quarter. Strategy going forwards is fairly simple; Be long above 4500 – 4600 and be short below it.
Nifty Analysis – 17th December 2011
Broad term trend of Nifty continues to remain down. There is however no denying the fact that technical strength of the market is improving with time and one needs to be ready for a probable counter trend move. Since the trend is still down, traders must exercise caution on the long side and should not [...]
Nifty Analysis – 10th December 2011
Short term outlook of the market continues to remain positive. On the longer term, markets continue to struggle, but are showing signs of gradual improvement. Volatility across the assets is high and hence moves will be steep and fast.
Nifty Analysis – 3rd December 2011
Nifty for the short term continues to remain positive. Currently it is not the time to be predominantly bearish and neither it is the time to be convincingly bullish. Markets are currently at cross roads and once Nifty reaches the zone of 5150 – 5200, things will get more clearer.
Nifty Analysis – 26th November 2011
Trend of Nifty continues to remain down. However, there are some signs of Nifty appearing less bearish than it was in Aug – Sep. Recently the market has sold off quite a bit and a bounce back should be on the cards next week.
Nifty Analysis – 20th November 2011
Nifty continues to remain in a downward trend. Some signs of short term bullishness have come up and it has to be seen if this gets transcended into something bigger. As of now trend remains strongly down and level of 4820 and 4720 need to be monitored very closely.
Nifty Analysis – 11th November 2011
Range movement of Nifty continues. Retracement upto 5250 – 5300 is on the cards. However, overall trend is still not bullish. Caution has to be exercised while building positions on the long side.
Nifty Analysis 5th November 2011
Nifty has begun showing some strength, however it is still not out of the woods. Recent price action cannot be ignored and if the strength continues, one will have to review the position again. As of now, below 5400 market remains in a sell mode.