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Nifty Trend-24/05/2013

Markets plunged surpassing their strong support levels as crash in Japanese market and weakness in rupee further negated the sentiments. Nifty future found support at 38.2% retracement at 5950. If it holds below this retracement level then it may soon test the next major support of 5850. While holding above 6000 level can only strengthen [...]

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Nifty Trend-23/05/2013

Benchmark Indices again traded in corrective manner settling on lower side and exhibiting lower highs and lower lows on daily charts since last three sessions. Nifty future will find its major support around 6060 i.e. 23.6% retracement and reversals may occur from this support range of 6060-6020. If nifty holds above 6155 then it may [...]

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Nifty Trend-22/05/2013

Markets showed correction for the second consecutive session and settled in red territory closing around its support level. Nifty future on daily charts if holds below the 23.6% retracement of 6060 in the coming sessions then bears may further drag it towards the deeper support of 5990. Any reversals may occur in the range of [...]

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Nifty Trend-21/05/2013

Markets moved in a consolidated fashion and after hitting fresh highs it dragged in second half and closed marginally in red. Nifty future was unable to test its crucial resistance of 6250 and so still resistance range is seen around 6250-6300. While, if it breaches 6130 level and continues to trade in below the strong [...]

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Nifty Trend-20/05/2013

Benchmark Indices hold near to their crucial levels last week and is continuing the bull rally and settled on a strong note. Nifty future resisted at 6210 in the previous session while 6150 acted as strong support. On daily charts, higher highs are seen since last four sessions and if it holds above 6210 then [...]

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Nifty Trend-17/05/2013

Markets ended on a flat note with amid volatility closing around their resistance levels due to profit booking at higher levels. Nifty future is facing resistance mainly in the zone of 6180-6210 where profit booking is seen. Surpassing this range next resistance is seen around 6250. If it holds below the near support of 6140 [...]

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Nifty Trend-16/05/2013

Market rallied to their highest point and it maintained its positive momentum from the beginning of the session and closed above its strong resistance marks. Nifty future gave breakout of its strong level of 6120 and settled above it around 6160. Now, it seems to test its next psychological level of 6210 surpassing which 6250 [...]

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Nifty Trend-15/05/2013

Benchmark Indices settled on a flat note despite of favored WPI Inflation nos. and traded around their support range. Nifty future if continues to trade around this support range of 6000-5980 then we can expect further correction towards the deeper support of 5920. On the other hand, to again gain strength it needs to close [...]

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Nifty Trend-14/05/2013

Markets plunged about 2% in the starting of week on profit booking after a relentless bullish rally seen from various sessions. Nifty future showed a free fall with good volumes surpassing the support of 6070 and fell towards the next important support of 5990. For the coming session if it is able to maintain above [...]

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Stock Tips, Commodity Tips,Mcx Tips,Equity Tips,currency tips

Nifty Trend-13/05/2013

Markets rallied for the whole week and settled above their crucial resistance levels with support of better than expected IIP data. Nifty future resisted near 6090 in the intraday session and bulls carried the index towards the next resistance of 6120. This bullish rally will find immediate resistance of 6150 surpassing which 6200 is seen [...]

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