Nifty Trading Levels for 16 August 2011 - Nifty Future Support and Resistance Levels - Daily Nifty Level (16 August 2011) Trading as per the support and resistance levels may be quite useful for intraday and Positional trading in stocks and index. Resistance is termed as the level where the stock generally gets some opposite force before it can go further up. A support is the … [Read more...]
Bank Nifty Support and Resistance Levels for 12 August 2011
Bank Nifty Trading Levels for 12 August 2011 - Bank Nifty Future Support and Resistance Levels - Daily Bank Nifty Level (12 August 2011) Trading as per the support and resistance levels may be quite useful for intraday and Positional trading in stocks and index. Resistance is termed as the level where the stock generally gets some opposite force before it can go further up. A … [Read more...]
Nifty Support and Resistance Levels for 12 August 2011
Nifty Trading Levels for 12 August 2011 - Nifty Future Support and Resistance Levels - Daily Nifty Level (12 August 2011) Trading as per the support and resistance levels may be quite useful for intraday and Positional trading in stocks and index. Resistance is termed as the level where the stock generally gets some opposite force before it can go further up. A support is the … [Read more...]
Monthly New Letter September series 2010
Dear Friends,yesterday,the August series ended and what a volatile series it was.We moved in a band of 4350-4600 but it was really volatile. As for September series,i believe that one who gets right the DOW is more likely to be right.Since Dow has crossed its major resistance of 9500,it should move at least 3-4%more on short covering to 9800-9900 and that should be enough for … [Read more...]
Week starting from 31st August
What a setting for new week to start with nifty closing at record high for 2009 at 4732.Just contrast this to gloom prevailing in previous week when nifty was hanging on to last support of 4350.All this points to short covering being the main trigger for market rise and not any major fundamental change. As i see it,most good news regarding fundamentals is priced in nifty … [Read more...]