December 8, 2010

Nifty Daily Analysis

  • Nifty is showing a range of 5939 to 6070.
  • Bigger movements are possible only after this range gets resolved.
  • Nifty has broken below 50 DMA and price has also finished the retest of broken DMA. This happens when an important moving average gets broken.
  • So we can expect to see good selling once 5939 level gets broken.
  • S&P 500 ANALYSIS AFTER CLOSING BELL

8 comments:

  1. Good Morning San.Can you suggest trading idea for Jetairways.

    ReplyDelete
  2. Thanks alphabet1

    @Pooja
    I will look at Jetairways after market close. If there is anything i will do a post

    ReplyDelete
  3. Dear San Bhai

    I am learning a lot from blog.
    Thanks for knowledge sharing and your selfless hard work behind simple looking blog.

    Bhai could you please tell me how to arrive at the nifty closing value. We often see the difference between closing price and last traded price of nifty. Why?
    Is there any way by which we could arrive near to nifty closing value?
    Sometimes it seems that nifty is going to close above/below a imp moving average but when final closing prices comes it does not happen like that.

    Regards.

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  4. @Vaibhav

    Thanks for your comment. Regarding your question please visit JN you have some good answers there.

    ReplyDelete
  5. Dear Bhai

    Posted same query on two different blogs only because of my impatience to know the answer..
    And I really mean my comments for your blog...
    You always reply for your readers/students ..Thanks Bhai.

    ReplyDelete
  6. Dear Vaibhav

    You did not do anything wrong. Commenting here or JN is the same. When someone asks questions here i use to give my reply in JN.

    ReplyDelete