Past 5110, weakness has crept in.
Weekly Analysis:
Daily Analysis:
Weekly down, daily range bound. Near-term bias is up. Should pull-back to the point of 5180. DOWN side if resumes immediately support near 5050 level.
Saturday, July 28, 2012
Nifty P&F (Wk 3006-0407) - a pullback to 5180 & support at 5050
Recap:
Past 5110, weakness has crept in.
Weekly Analysis:
Daily Analysis:
Summary:
Weekly down, daily range bound. Near-term bias is up. Should pull-back to the point of 5180. DOWN side if resumes immediately support near 5050 level.
Past 5110, weakness has crept in.
Weekly Analysis:
Daily Analysis:
Weekly down, daily range bound. Near-term bias is up. Should pull-back to the point of 5180. DOWN side if resumes immediately support near 5050 level.
Saturday, July 14, 2012
Nifty P&F (Wk 2506-2906) - a correction till 5110
Recap:
Charts are bullish, though not super-bullish yet!
Weekly Analysis:
Daily Analysis:
Summary:
Weekly paused. Daily down. Clearly the upmove is more or less arrested. Correction can further go down till 5110 level.
Note: These days I've become a little inefficient in managing time & hence discontinuity in posting.Will try to be regular, if this has slightly mattered to some reader apology for that.
Charts are bullish, though not super-bullish yet!
Weekly Analysis:
Daily Analysis:
Summary:
Weekly paused. Daily down. Clearly the upmove is more or less arrested. Correction can further go down till 5110 level.
Note: These days I've become a little inefficient in managing time & hence discontinuity in posting.Will try to be regular, if this has slightly mattered to some reader apology for that.
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