NIFTY 5 minutes in an upward moving channel

UPDATED CHART

• NIFTY short term channel broken on the down side

NIFTY 5 MINUTES

• NIFTY is moving in an upward moving channel
• any fall to the bottom of the channel can be used as an opportunity to buy with the channel bottom line as stop loss.

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Triangles of Tata Motors great trading opportunities

TATA MOTORS TRIANGLE UPDATE

TATA MOTORS DAILY

I present to you the triangles of TATA MOTORS. The previous one gave a near 300 point rally. The one that is developing now can give bigger results. An upside break out can expand the stock to a range of 800 to 1100. Break out on the lower side can bring the stock down to 600 levels

NIFTY Technical analysis for 20th april 2010

NIFTY DAY CHART - 1

NIFTY DAY CHART - 2

NIFTY DAY CHART - 3

• One look at the line chart shows 5200 as good support on a closing basis.
• nifty has turned up arresting the fall for now. 
• A close below 5200 is danger for the bulls
• Channel redrawn after todays price action should save the bulls.
• But as the MACD in the last chart shows bears still have the upper hand. and when nifty goes below 5180 they will gain more strength.

NIFTY 15 Minutes triangle break out

CHART UPDATED

TRIANGLE BREAK OUT

• We have a triangle break out
• But have stiff resistance 5260 and 5305
• trade accordingly 

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ACC Technical analysis month and day charts

ACC MONTH CHART 1

ACC MONTH CHART 2

ACC WEEK CHART

ACC DAY CHART

• ACC month chart showing the formation of a triangle and a channel
• Break and close below 928 can bring the stock down to the channel bottom line that is around 830 levels.
• If the stock holds 930 levels without breaking the trend line it can attempt 955 and 985
• FORCE INDEX is showing very good positive divergence indicating good upside possibilities.

Nifty 1minute chart reversal

UPDATED CHART

ONE MINUTE CHART

• Sometimes even the smallest time frame can give you some points.

NIFTY Weekly Technical analysis

NIFTY WEEK CHART - 1

NIFTY WEEK CHART - 2

NIFTY WEEK CHART - 3

• Weekly stochastic has given a sell
• It coincides with the weekly trend line break. And as you can see from the charts this even has given a good trade on the short side last 2 times.
• supports might come only around 4950-5000.