YESTERDAYS COMMENTS AND PERFORMANCE :
YESTERDAYS Predicted Nifty level and Actual levels :
TDL Trend Resistance 5745-5756 [5756 EXACTTTTTTTTTT High]
close above the triple bottom trend line support 5690-5683
and honour the 200EMA 5650 on closing basis. Once nifty hold above
5640 for 1-2 days then recovery is possible. [wait and watch]
24th January 2011 OHLC : open 5717, High 5756 Low 5697, Close 5743
25th January 2011 - Technical View of Nifty / Technical view of Market :
View of Market :
Todys Quartely result : Alstom Projects, Asahi India, Balaji Tele, Ceat, Century
Enka, Deepak Fert, Dr.Reddys Lab, Electrosteel Cast, Essel Propack, GHCL, Grasim
Inds, Hindustuan Unilver, IDBI Bank, India Bulls Sec., IPCA Lab, Sterlite Inds,
Trent, Tata coffee, Tata Sponge, UCAL Fuel, Ultratech Cem, Uniphos Enter, United
Phos, Wire and Wireless
+ve scripts [not in intra, this is for positional] : Coreprotec, RajesExpo,
WockPharma, TTKhealth and TTKprestige
Technical View of NIFTY :
+ve : Close above the triple bottom trend line support 5690-5683
and honour the 200 EMA 5650 on closing basis. Once nifty hold above
5640 for 1-2 days then recovery is possible.
Chart view of NIFTY :
+ve breakout support at 5665-5654 and investors sl also around 5600 there.
Momentum indicator/Oscillator indicators in over sold. Elliot Target line
5777-5783 and FIBO resistance 38.2% at 5745. closed aboe the the trend line
10/12/2010. This upper bottom trend line's elliot target says more than 6000.
Closed above the resistance 61.8% - 5729 of the Fibonacci Range 6338-5348.
-ve : There is no confirmation to take the breakout upport as sl for buy
so, risk takers may buy nifty around 5665 with sl 5600 on closing basis.
Daily Technical Analysis of NSE index CASH NIFTY and Momentum of Market
with NIFTY CHART, NIFTY TECHNICAL ANALYSIS, NIFTY ANALYSIS.
Details in Table : Previous Day Close
200 Day Exponential Moving Average (EMA), 50 EMA and 13 EMA,
Two Different Fibonacci ratio From Which level and to which level
for that retracement percentage and values
Strength and Momentum in different time frame of nifty
Nifty trend in Hourly, Nifty trend in daily, Nifty
trend in weekly, Nifty trend in monthly
Previous Days OPEN, High, Low and CLOSE
.
SHIVA's predicted TDL trading and trend support, resistance
Position : Long or short with how many points eared/loss in
positions.
Major support and resistance Levels for nifty. This levels
will change the market from Bullish Market to Bearsih Market
HIGH LIGHT :
I USED 6350 as a major resistance for the past 5 months [ACTUAL HIGH 6338]
I USED 5700-5650 as major support for the past 5 months [ACTUAL LOW 5690]
Comments on Intraday TREND and Actual Trend of market
ie., Bullish, Bearish, FLAT, Sideways, positive, Negative etc.
Expectation about GAP up, GAP down or FLAT
Investors support levels for Nifty
Yesterdays Performance about levels and comments
stop loss for both with risk takers and without
risk takers seperately for both long and short
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