August 30, 2011

NIFTY Daily Analysis

  • NIFTY has given a good relief rally for bulls.
  • But one of the biggest gaining days has given an average volume candle. 
  • Price has to close above 5 day high ema for follow up strength which may then target 20 day moving average.
  • MACD lines are converging so nifty bulls may get some more points out of nifty if it manage to give a buy signal.
  • We saw Positive divergence developing on friday which lead to this bounce: NIFTY POSITIVE DIVERGENCE
  • S&P 500 ANALYSIS AFTER CLOSING BELL
  • GOLD RESISTANCE LEVELS
  • CRUDE OIL TRIANGLE BREAKOUT
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7 comments:

  1. Nilesh PatilAugust 30, 2011 at 8:50 AM

    Good Morning Sir,
    Thanks for your analysis and study. It is very helpful for learners like me.

    Regards,
    Nilesh Patil

    ReplyDelete
  2. Piyush ShardaAugust 30, 2011 at 9:41 AM

    san,

    is ur chartnexus working normally??

    ReplyDelete
  3. SanAugust 30, 2011 at 10:09 AM

    @piyush sharda
    It worked normally till yesterday night. I don't know the current status

    ReplyDelete
  4. SanAugust 30, 2011 at 10:11 AM

    @Nilesh
    Thanks for your appreciation.

    ReplyDelete
  5. Piyush ShardaAugust 30, 2011 at 11:25 AM

    ok san,

    the problem i am facing is that when i save and reopen the charts the chart gets compressed/zoomed in on its own and the text of ew labelling remains of the same size so it covers the bars.
    when i expand /zoom out the text also enlarges and covers so many bars that chart is completely messed up. what can be the solution. can u pls check and see it if happens with u.

    ReplyDelete
  6. SanAugust 30, 2011 at 11:33 AM

    @piyush sharda
    I am not facing such problems till now. If you remember your ID and Password. You may uninstall current version and re-install. It is a little time consuming but may rectify the errors.

    ReplyDelete
  7. Piyush ShardaAugust 30, 2011 at 11:51 AM

    ok san ,

    i'll try that

    ReplyDelete

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