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Nifty Weekly Outlook: June 24 – 28
June 24, 2013The Nifty has moved in sync with our expectations during the just concluded week. The index has done nothing much since our previous follow-up posted on June 20. From the…Continue Reading
Nifty Outlook: Update
June 20, 2013The scenario mapped out in the Monday’s post has played out to perfection. The Nifty turned weak right at the prior gap area of 5,860-5,890 that was highlighted in the…Continue Reading
Nifty Weekly Outlook: June 17 – 21
June 17, 2013Our recent stance of the Nifty sliding to 5,650-5,700 has played out. The index last week fell 30-points shy of the target of 5,650. The sharp bounce back on Friday…Continue Reading
Nifty Weekly Outlook: June 10 – 14
June 10, 2013The Nifty moved in line with the last week’s expectations. The failure at 5,970 on Friday confirms that the trend is down. Kindly direct your attention to the 15-minute chart…Continue Reading
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
Using RSI Effectively – Part V
May 17, 2013Last week, we discussed the concept of divergence in the RSI. This is one of the most popularly used concept associated with the RSI. It may be recalled from last…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
Use RSI More Effectively: Part IV
May 12, 2013Hope the earlier posts on RSI was informative and interesting. This week, let’s discuss the much talked about divergence. The positive and negative divergence are the ones that are most…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
