Nifty - 27Jun2012

~ Nifty is at crucial stage.
~ Break of 5090-5094 will give good down move.

BankNifty - 27Jun2012

~ Bank Nifty is forming Head and Shoulder with neckline around 9900.
~ Also the trend line support is there only.
~ If 9900 breaks ... it can give good down move.

SBIN - 27Jun2012

~ Watch for 2100... Below that it can good down move.

Nifty - 21Jun2012

~ Nifty may decide the future trend move today (After US Fed meet).
~ Long above 5144
~ Short below 5100

Nifty - 15Jun2012

~ Trend line from 4770 broken.
~ Taking supports @ 5050 (trend line from 5600 & 50HEma)
~ Resistance @ 5075 (200DSma & 50DSma)
~ Supports @ 5015-5020 (Previous low, 100HEma & 200HEma)

Nifty - 14Jun2012

~ Nifty Shorts below 5105.
~ May head to 5020 (5DLema & previous low)

RELIANCE - 14Jun2012

~ Head & Shoulder formation in Reliance.
~ If trades below 712 => It may head to 689.
~ Stop for short is 717 (Upper trend line)

Nifty - 12Jun2012

Resistance will be 5075.
Support will be @ 5040, 5020, 4987

Nifty - 08Jun2012

~ Hourly divergence might play out.
~ Supports will be @ 4984, 4954
~ If the down-move continues then it may induce divergence in daily too.

Nifty - 07Jun2012

~ Momentum is very strong on the upside.
~ Next resistance levels are @
        5048 (5WHEMA)
        5065 (200DMA)
        5079 (5MEMA)
        5080 (Trend line)
        5096 (50DMA)
       

Nifty - 06Jun2012

~ On 5min time frame looks like 5 wave impulse.
~ Resistances will be 4908 to 4920. (s/r, 10Dsma, 20Dsma, 5Wema, 200Wema)
~ Trendline resistance @ 4935. (No shorts above this)
~ Trendline support @ 4860.

** Watch for BankNifty 9600 for breakout.

Nifty - 05Jun2012

Nifty getting resisted at trend line @ 4854.
Next resistance above is @ 4870.