IT SEEMS THAT 5412 IS PLAYING ROLE OF MAJOR RESISTANCE FOR NIFTY SPOT SO AS 5418 FOR NIFTY FUTURE. NIFTY TRADING IN A RANGE OF 55 POINTS FROM LAST 7-8 SESSIONS, IT IS INDICATING THAT IT IS WATING FOR A BIG MOVE AHEAD. OUR RANGE IS 5350—-5420 EITHER SIDE MOVE WILL GIVE 50-100 PTS. STOCKS […]
Author Archives: ValueCM
AS I SAID LAST WEDNESDAY THAT NIFTY IS IN NON TRADING RANGE THATS IT IS IN BETWEEN 5375—5432 AND IT IS STILL THERE ONLY. NOW SEE SORTER RANGE THATS 5375—5412. 5412 SEEMS TO BE RESISTANCE. ANY CLOSING ABOVE 5412 WILL TAKE NIFTY TO 5475—5520. SENSEX RESISTANCE IS AT 18150 STOCKS HINDALCO RESISTANCE IS AT 156.5 […]
NIFTY SPOT CAN DO 5405–5410. NIFTY SPOT IS MORE GOOD ABOVE 5412.ABOVE THIS IT CAN GO TO 5425–5432. CLOSING ABOVE 5432 WILL TAKE IT TO 5520. NIFTY SPOT SUPPORT AT 5375 AND 5340 STOCKS TO WATCH TATASTEEL TSL 502 RIL IS A BUY SBI TSL 2425 ICICI BANK IS GOOD ABOVE 912 HINDALCO TSL IS […]
5312–5340 IS A SOLID SUPPORT AREA FOR NIFTY. AS SAID EARLIER THAT 5375–5432 IS A NON TRADING RANGE FOR NIFTY AND NIFTY RESPECTED OUR RANGE AND STAYS IN BETWEEN ONLY. NOW CROSSOVER OF 5432 ON CLOSING BASIS WILL TAKE NIFTY TO 5512. ON THE OTHER HAND BELOW 5375 ON CLOSING BASIS WILL TAKE NIFTY TO […]