Will be travelling abroad so will not be posting the weekly technicals. enjoy your trades and wishing all a very happy dussehra & diwali ..cheers
power house for nifty technicals and stock market fundamentals with charts and technicals.
Monday, October 19, 2015
Sunday, October 11, 2015
WEEK 12 TO 16TH OCT.
Markets opened near the resistance of 8050 to move up towards 8200-8250 zone. We are in a tad overbought zone but results of INFY will define the short term trend. resistances lie between 8300-8400 and supports at 8000-8030. watch 8150 zone carefully for the direction of the market.last week was narrrow range of just 218 points. enjoy your trades cheers
Sunday, October 4, 2015
WEEK 5TH TO 9TH OCTOBER
Markets moved in the range again despite RBI cuts . 7850 proved to be a support zone above 7700 and markets resistated at 8050 zone again. In the coming week 7900 zone should give a support for a move above 8050 for 8200. break below 7900 can take us to 7750-7800 zone. Do keep booking your trading positions and buy the good dips ..cheers
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