NIFTY INTRADAY VIEW FOR 03-30-2011

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NIFTY INTRADAY VIEW FOR 03-24-2011

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NIFTY INTRADAY VIEW FOR 03-22-2011

Intraday resistances @ 5430/35. Above that 5480/85 would be main place to enter short to remain with the trend. But NF has completed one 5 wave move at 5358, so as long it holds, intraday correction on the upside can be seen. below it levels given in the chart will be targeted.

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colors...colors... & colors

May this Holi be bright as the colors that splash on you!

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NIFTY INTRADAY VIEW 03-18-2011

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NIFTY INTRADAY VIEW FOR 03-17-2011

Above 5555/75.. 5650 will test the bulls.

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NIFTY INTRADAY VIEW FOR 03-14-2011

As discussed 5400 again came to the rescue... Intra chart is exhibiting a 5 wave up move targeting 5575 as of now. A sustained move above 5575 will bring 5640/45 where the larger trend will get tested. Detailed analysis will be posted tomorrow.

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NIFTY INTRADAY VIEW FOR 03-11-2011

Nothing can be concluded as long as Nifty staying in between 5470-5550 from very short term perspective. Considering the larger movement same range bound move should have to be unfolded beyond 5650(5600 closing basis)-5400 for a decisive break up/down. Buying into weakness and selling into strength are the only things can be done in such a scenario till it finds a larger pathway.

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NIFTY INTRADAY VIEW FOR 03-10-2011

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NIFTY INTRADAY VIEW FOR 03-04-2011

Hope my 1st march post proved to be very profitable for all. And the reason behind that is the move Nifty did show for the couple of days, was absolutely technically perfect.

1st march chart

Current Scenario

1st March Daily Chart (Bearish ABC)

Current State.

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