Thursday, February 12, 2009

Nifty Update for February 13 - Inder Bhatia

The Indian market opened on a weak note due to weak global cues but the market tried to recover mid-session. However, it was not able to sustain at higher levels, saw selling pressure and close in the red zone. For the coming session if Nifty closes below 2870 it could test 2710-2680 .On the other side 2970 will act as the resistance zone .

Wednesday, February 11, 2009

Nifty Update for February 12 - Inder Bhatia

The Indian market opened on a weak note due to weak global cues but saw smart a smart bounce in the afternoon session and closed on a flat note. For the coming session if Nifty trades above 2970 it could test 3050-3100 levels. On the lower side 2870 would act as a support zone.

Tuesday, February 10, 2009

Nifty Update for February 11 - Inder Bhatia

The Indian market opened on a slightly higher note and traded positive for the day. For the coming session one could keep a stoploss of 2870 for longs, Market is in an overbought zone on the hourly chart and we could see profit-booking near 2970. If Nifty trades above 2870 it could test 3050-3100.

Monday, February 9, 2009

Nifty Update for February 10 - Inder Bhatia

The Indian market opened on a positive note and saw a breakout from the range closing above 2970. For the coming session we could witness more upside toward 2970-3050 zone. On the other side 2830-2850 zone would act as a support zone.

Sunday, February 8, 2009

Nifty Update for February 9 - Inder Bhatia

The Indian market closed with handsome gains on Friday and closed with marginal fall of 1.31 percent on a weekly basis. For the coming session if Nifty crosses 2870 level on a closing basis, it could test 2970-3050 zone. On the lower side 2730 would act as a support zone. Nifty could see breakout from the range.

USDINR 4th Wave Progressing - Rakesh Chandra

Here we see the USDINR weekly chart analysis. All waves are leveling as clearly mentioned. The 4th downwave is progressing on weekly chart. Trading below 48.3 positional target will be 46. Otherwise it will remain in congestion.

KM

RECENT COMMENTS

Blog Archive