Tuesday, January 22, 2013

Nifty kissed 6100....

Hi all,

As expected Nifty just kissed 6100, flirted near it for a while and plummeted by around 1%, CMP 6060.....

Support to watch out for 6060-6040......

Tomorrow might be be a very crucial day for deciding the Nifty trend in coming days....

Intraday Nifty chart -



Regards

Hrishi

Monday, January 21, 2013

Update on the Identical Twins 2008-2013 on Charts..... Interesting read

Hi All,

As per my earlier post - http://www.blogger.com/blogger.g?blogID=289801391276761356#editor/target=post;postID=4529720474968599290

The bias for Nifty is still the same with resistances of 6100...

Nifty just flirted with the upward trendline and went above it for a while, however, could not close above the same.

So a Convincing close above 6100  would be advisable, without any signs of concerns (divergences in technical language) based on various technical indicators...



Regards

Hrishi

R Power Book Profits...

R Power Short term recommendation (http://hrishikeshprabhavalkar.blogspot.in/2013/01/jp-orchid-and-r-power.html) initiated near 93.5-94 levels, Booked Profits today near 97......



Cheers

Hrishi