Tags: Nifty
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Nifty Weekly Outlook – June 3 – 7
June 3, 2013The positive view featured last week played out as anticipated and the Nifty rallied to the 6,090-6,110 range mentioned last week. The failure at the earlier swing high of 6,110…Continue Reading
Nifty Weekly Outlook – May 27 – 31
May 27, 2013Last week, we had highlighted that the outlook for the Nifty is bullish and it would take a fall below 5,970 to violate the bullish sequence of higher highs and…Continue Reading
Nifty Weekly Outlook – May 13 – 17
May 13, 2013Defying gravity, the Nifty continues its march up. We turned bullish right near the recent swing low at 5,477 and expected a rally to 5,800, followed by 5,970. The surge…Continue Reading
Nifty Weekly Outlook – May 6 – 10
May 6, 2013The Nifty managed to move past the well-advertised resistance level of 5,970 on Thursday. It still remains to be seen if this breakout is a genuine one or just a…Continue Reading
Nifty Weekly Outlook April 29 – May 3
April 29, 2013The view expressed in the Last Week’s update hasn’t changed much. There is still no conclusive answer to the key question – Is a major low in place at 5,477?…Continue Reading
Nifty Weekly Outlook April 22-26
April 22, 2013Here is the extract of the concluding paragraph from last week’s update: “The Nifty could rally to the immediate resistance at 5,610-5,620 range. A breakout past 5,650 could help the…Continue Reading
Nifty Weekly Outlook – April 15-19
April 15, 2013Operation Success, but the patient died! This best summarizes what happened last week. While the expected short-term bounce in the Nifty did materialize, the long positions would have however been…Continue Reading
Nifty Weekly Outlook: April 8-12
April 8, 2013The Nifty has fallen below the Nov. 20 swing low of 5,548, which is a sign of weakness. This affirms the medium-term bearish view. From a short-term trading perspective, it…Continue Reading
Nifty Weekly Outlook April 1-5
April 1, 2013In the Daily Market Commentary on Thursday, we had mentioned that there was a case to consider long positions in the Nifty as the risk was very marginal and affordable. …Continue Reading
How To Trade When Price is at a Turn-Zone?
March 13, 2013Quite often I am confronted with this question from traders about how should they frame a trade when the price reaches a Turn-Zone or an area of support or resistance…Continue Reading
