| Niftyon24-11-2010 | ||||
|---|---|---|---|---|
| Prcl:5865.75 | Op:5883.95 | Hi:5907.10 | Lo:5780.35 | Cl:5799.75 |
Here is your free Nifty analysis for 26-10-2010.
Nifty like the author told visited 5800,went down and closed exactly at that point.(5799.75). Now this point is very crucial and if Nifty cannot go past 5880 we may see Nifty at 5700 levels and below.We may see 5550 as seen in Nifty index 3 years chart.
| Niftyon23-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6010.00 | Op:5971.55 | Hi:5973.35 | Lo:5824.95 | Cl:5934.75 |
Here is your free Nifty analysis for 24-11-2010.
Nifty closed above support of 5900 range. Today we may see up move if Nifty goes above 6000.But Nifty has every chance to visit 5800 again before this month derivative closing.
| Niftyon19-11-2010 | ||||
|---|---|---|---|---|
| Prcl:5998.80 | Op:6011.30 | Hi:6013.25 | Lo:5863.95 | Cl:5890.30 |
Here is your free Nifty analysis for 22-10-2010.
Nifty came below 6000 and closed at 5890 which is a support point. From this point Nifty should take off in positive direction. But due to the 2G spectrum problem we may see unsteady movement for Nifty.Next week is settlement week and this will cause more volatility.
Supports are 5864,5841,5783,5763,5750,5700,5656,5600,5561.
Resistance are 5900,5937,6007,6011,6013,6033,6076,6100,6141.
| Niftyon18-11-2010 | ||||
|---|---|---|---|---|
| Prcl:5988.70 | Op:6075.95 | Hi:6076.20 | Lo:5906.75 | Cl:5998.80 |
Here is your free Nifty analysis for 19-11-2010.
Nifty closed just at the previous support level of 5998.8(which is now a resistance level).Today if Nifty goes above 6000 and stays above for the day we can expect higher numbers on Monday. Otherwise we will see more downside.
Today Nifty has to go above 6030 level initially and should not go below 6000.
| Niftyon16-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6121.60 | Op:6143.45 | Hi:6144.05 | Lo:5970.60 | Cl:5988.70 |
Here is your free Nifty analysis for 18-11-2010.
Nifty closed below 6000 and Nifty may take support at5930 range and go up at first. If Nifty does not close above 6100 comfortably we can see only more down side. Next major support will be at 5885.Day traders can make more money by playing in the range of 5800 and 6100.
| Niftyon11-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6275.70 | Op:6286.35 | Hi:6296.55 | Lo:6179.50 | Cl:6194.25 |
Here is your free Nifty analysis for 12-11-2010.
Nifty closed near the support of 6200 on 11-11-2010. Will Nifty go down further? Only market will tell.Below 6142 Nifty will be negative and market will be in bear's hands. But weekly charts are showing positive .Below 6142 ,it is showing 5800 as support in weekly chart.Below which 5587 is the support.
| Niftyon9-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6273.20 | Op:6281.00 | Hi:6310.90 | Lo:6243.55 | Cl:6301.55 |
Here is your free Nifty analysis for 10-11-2010.
Nifty closed above 6300 which is a valid support. Next support will be 6250,6225,6200,5975,5960.Nifty will face heavy resistance at 6350 and 6357.Trade with stop loss.
| Niftyon8-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6312.45 | Op:6335.25 | Hi:6335.90 | Lo:6265.35 | Cl:6273.20 |
Here is your free Nifty analysis for 09-11-2010.
Nifty tried to make a new high for this year and came down low as 6265 and closed at 6273.2. It has closed near the support of 6280 . Now Nifty may go down to touch next support at6265,6240,6200.The PE ratio has come to 25.38 and there more chance to go down and try lower supports. Hence be careful in trading.
| Niftyon5-10-2010 | ||||
|---|---|---|---|---|
| Prcl:6281.80 | Op:6321.85 | Hi:6338.50 | Lo:6303.10 | Cl:6312.45 |
Here is your free Nifty analysis for 08-11-2010.
Nifty went up to 6338.5 short of its all time high and closed at 6312. It made a low of 6303. Now the supports are in the region of 6300,6280,6234,6223,6167,6153,6100.Above 6338 Nifty may make a new high.Next region of resistance may be around 6500 after making new high .Any how readers are warned that Nifty may correct and go down to 5800.
| Niftyon02-11-2010 | ||||
|---|---|---|---|---|
| Prcl:6117.55 | Op:6127.55 | Hi:6138.10 | Lo:6094.40 | Cl:6119.00 |
Here is your free Nifty analysis for 03-11-2010.
Nifty closed near the opening . This shows indecision.Nifty is also closed near a resistance level. The effect of RBI increasing the rate may take place after the muhoorat(devali special) trading.If Nifty stays above 6117 we can see Nifty touching 6160 .If nifty does not cross 6160 then it may touch 6096,6072,6053.
| Niftyon29-10-2010 | ||||
|---|---|---|---|---|
| Prcl:5987.70 | Op:6021.15 | Hi:6032.65 | Lo:5937.10 | Cl:6017.70 |
Here is your free Nifty analysis for 01-11-2010.
Nifty closed above 6000.Hence we can see some uptrend today. Reliance results are good. Reliance will take market above. But will it be above 6163, above which market will be in bull's hand.
