10 March, 2010

NIFTY VIEWS AS ON 10/03/2010

3/10/2010 06:45:00 PM



Nity Is Still Not Able To Trade Above 5150 And Below 5050 Which Is Mentioned In The Above Graph Which Indicates A No Trade Zone As The Range In This Area Shall Be Very Narrow Also If We Close Or Trade Above Either Side Can Give 100 – 150 Pts Easily So Lets Break The Abov Range Before Fresh Move Also Tomorrow Is Inflation And Friday Is IIP DATA Which Are Important Events While DII Are Net Sellers While FII Are Net Buyers 5100 CE AND PUT Were Very Active So 5100 Shall Be The Trend Decider And If Nifty Trades Below 5100 Shall Be First Weakness Signal And If Closes Below 5080 Short Can Be Generated For 50 -100 Pts With 30 Sl  


Posted by Nifty Statistics
Labels:

09 March, 2010

NIFTY VIEWS AS ON 09/03/2010

3/09/2010 07:36:00 PM


Today Was A Dull Day For Nifty As It Played In A Very Narrow Range Also Today Was Insider Candle Which Cannot Help In Giving Direction Of The Market but it conveys that there is no conviction in the buyer and sellers in nifty and show it did not cross yesterdays high and low but closed just below yesterday close which does not conclude any direction So Tomorrow If We Do not Trade Above 5150 And Trade Below 5080 Nifty Shall Become Weak And Shall Drift Down To The Levels Of 5050 – 4980 – 4950 Nifty Shall Be Very Weak If Closes Below 4950 Levels And Can Retest The Previous Low Also Tomorrow There Is Inflation And On Friday There Is IIP DATA Which Shall Decide The Trend As Of Now This Is No Trade Zone

Posted by Nifty Statistics
Labels:
Older PostsNewer Posts
Subscribe to: Posts (Atom)

This Site Is For Swing Calls For Period Of 3-5-10 Days And Shall Have Intraday Tools For Members.