Market Review for 22nd September 2010

Market Review for 22nd September 2010

Nifty (6009) we said 'technically the trend is still intact up and looks like 6000 and maybe 6050 would be hit in the text trading session ahead…technically 21st September is also a strong cycle day to work with…so profit booking around 6050 is not ruled out' the market unfolded yet again as expected and the market also symbolically has closed above the psychological 6000 on the Nifty and above the 20000 mark on the Sensex…technically the market is still up but looks like the market should tire out in the upper regions…

Read the full post.....

 

---

 

Nifty Trading Tips

Nifty future continued the upward rally with yet another positive session. Now the next technical resistance zone for nifty future seems in the zone of 6050 to 6060. Decisive closing above this resistance zone may further confirm more gains in nifty future. Today overall it witnessed high volatile session with positive bias. The immediate support for nifty future seems close to the level of 5950. Closing below it may slip nifty future till the levels of 5875 to 5880 in near run. For intra day trading we recommend long position in nifty future until it close below 5950 for the targets of 6050,6100 in near run.

Read the full post.....

 

---

 

Technical View on Nifty : StocksBull

Nifty future continued the upward rally with yet another positive session. Now the next technical resistance zone for nifty future seems in the zone of 6050 to 6060. Decisive closing above this resistance zone may further confirm more gains in nifty future. Today overall it witnessed high volatile session with positive bias. The immediate support for nifty future seems close to the level of 5950. Closing below it  may slip nifty future till the levels of 5875 to 5880 in near run. For intra day trading we recommend long position in nifty future until it close below 5950 for the targets of 6050,6100 in near run.

Read the full post.....

 

---

 

Sell at rise as long as Nifty trades below 6,035 ????? : BullsEye

Both the Sensex and Nifty crossed the 20,000 and 6,000 mark respectively, in opening trade, for the first time since Jan. 17, 2008. Sensex closed at 20,001, up 94 points and Nifty at 6,009, up 27 points from the previous close,

Read the full post.....

 

---

Register Now :
onlineequitytips.com/wp-login.php?action=register

Already Memeber ?Write for us - Stock Recommendation / Intraday Calls / etc : 
onlineequitytips.com/wp-admin/post-new.php