| Niftyon17-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5035.80 | Op:5030.30 | Hi:5112.15 | Lo:5017.25 | Cl:5056.60 |
Here is your free Nifty analysis for 18-08-2011.
Nifty is making lower top for the three days . Today also we may expect the same movement. Nifty may open low take support at lower level near 4900 to 5000 levels and go up. But near 5200 we may find selling pressure.
| Niftyon16-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5072.95 | Op: 5125.75 | Hi: 5132.20 | Lo: 5015.40 | Cl: 5035.80 |
Here is your free Nifty analysis for 17-08-2011.
Nifty could not open above 5200 and it has come down to 5035 which near its support level of 5000. If Nifty sustains above 5000 we may see Nifty go upto 5200 to face resistance. Otherwise it may 4900 range and rebound.If Nifty goes below 4900(4880) we may see 4800 and buying emerge from that range.
| Niftyon12-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5138.30 | Op:5194.40 | Hi:5194.45 | Lo:5053.35 | Cl:5072.95 |
Here is your free Nifty analysis for 16-08-2011.
Nifty opened at 5194 and came down to 5053 and closed at 5072. This shows Nifty is trying to go up and profit booking is pulling it down. Today if Nifty opens above 5200 and stay above 5200 we may see some upwards.
| Niftyon10-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5072.85 | Op: 5196.55 | Hi: 5197.95 | Lo:5123.35 | Cl: 5161.00 |
Here is your free Nifty analysis for 11-08-2011.
Nifty opened high and could not stay there and touched low of 5123 and closed at 5167. Since it had closed below 5200 we cannot rule out testing of low again. Buy with hedging
| Niftyon5-8-2011 | ||||
|---|---|---|---|---|
| Prcl:5331.80 | Op:5204.35 | Hi:5229.65 | Lo:5116.45 | Cl:5211.25 |
Here is your free Nifty analysis for 08-08-2011.
Nifty is hovering around 5200 though it went down to touch 5116 as low of the day.Today Nifty may go up in the morning but depending upon European and Asian market
Nifty will sustain its position. At any rate buy with hedging.
| Niftyon 04-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5404.80 | Op:5412.40 | Hi:5434.50 | Lo:5323.15 | Cl:5331.80 |
Here is your free Nifty analysis for 05-08-2011
Nifty is in bearish grip and we can thing of entering at around 5200 where Nifty is likely to rebound.
| Niftyon 03-08-2011 | ||||
|---|---|---|---|---|
| Prcl:5456.55 | Op:5402.00 | Hi:5422.60 | Lo:5378.85 | Cl:5404.80 |
Here is your free Nifty analysis for 04-08-2011.
Nifty has touched 5400 now. Below this nifty may go to 5350 range.Now buy a straddle 5400call and 5400 put .Near 5350 book profit of put if market tends to move up.Nifty is down below both EMA and SMA of 50,200 days.If you see 3 months graph it is has formed top and lower top along 200SMA. So we can infer unless Nifty passes above these levels 5693 there no upward movements.
