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Fifth Consecutive Optimistic Week for the Stock Markets!!!!!
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| Posted on: May 20, 2013 |
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Last week we had mentioned about a small correction of up to 5940-5970 levels for the Nifty before any further rise. Nifty was accordingly dragged downwards up to 5970 levels in the initial trading session of the week itself. Nifty opened on a negative note and was dragged downwards up to our mentio ...
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A Major Resistance at 6100 levels for Stock Markets
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| Posted on: May 13, 2013 |
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We had talked of a breather and 20-50 EMA positive cross-over that would take nifty up to 6100 levels which was its next immediate resistance level. Nifty worked accordingly. Nifty opened on a positive note and IT sector specifically TCS & Auto sector led the positive move. Second day opened low ...
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Stock Market to Remain Clueless!!!
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| Posted on: May 6, 2013 |
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Nifty took a breather at the end of last to last week and hence made a new upward rally of up to 6020 levels. Nifty movement was volatile for the entire week as expected. We had talked of 5970 as our major resistance level and if broken we had mentioned next resistance to be at 6100 levels. Nifty op ...
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