This is another quiz, below is the hourly chart of stock which might take-off tomorrow with supporting market condition but, will bang-head. In above previous close & out at bang-head spot, tight SL advised
Thursday, 28 February 2013
This Stock might bang-head
This is another quiz, below is the hourly chart of stock which might take-off tomorrow with supporting market condition but, will bang-head. In above previous close & out at bang-head spot, tight SL advised
This Stock will fly
This is an quiz, below is the hourly chart of stock which might just fly tomorrow with supporting market condition. Above the ceiling marked, tight SL advised
Nifty – (Un)Budgeted’ly Expiry
Frankly speaking, never expected Nifty Feb to expire below 5825 levels, after the strong global cues from yesterday. Even till the dying moments, I was expecting an bounce above 5800. But, as my twitter friend (@ap_pune) says “Expect the unexpected” so, that was that … Nifty died today, Long Live the Nifty!!!
Budget was absolutely uneventful but, very much politically inclined for the upcoming elections. I’m still unable to understand the women’s bank concept? Glad that an PSU is not launched (using taxpayer’s money) to be solely run by particular caste/tribe/minority. I would like to see GOI FM once to present an budget to manage an single hard-working middle class family house-hold, let him forget the bigger cause of the country.
Anyway, below is Nifty Daily Chart, expecting an bounce from 5650 levels …
Wednesday, 20 February 2013
GOLD – still glittering?
Gold Daily Chart below, nothing more needs to be said … while I write this its still calmly moving down but, I expect an bounce still.
Tuesday, 12 February 2013
NIFTY – 200 point zone
Nifty is at critical juncture with the trading range of close to 200 points for this series. We will see 5840 and we will revisit 6000 levels again. If one of this levels are not revisited then the bias will change in others favor for the next series for e.g. if 5840 is not re-visited assume an upward bias. My personal opinion we will see both the levels this series and close at the mid-point 5950 levels. This is going to be choppy market so, trade accordingly.
Below are Nifty Hourly, Daily and Weekly charts.
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