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.

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.