Tags: Nifty
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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
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
