Monday, March 29, 2010

TREND WATCH-MARCH 30

· Last swing low is at 5187. (Higher low)


· In the medium term,

--- Nifty is again in up trend (from 29th March.) with targets of 5450, 5550, 5700.


--- The up trend will ‘terminate’ below 5101.


· In the short term,

--- Nifty is again in uptrend (from 26th March.) with targets of 5320**, 5380, 5420.

--- The up trend will ‘terminate’ below 5187.



(Targets are +/- 20 points, ** means target achieved)

Friday, March 26, 2010

TREND WATCH-MARCH 26

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5101.


· In the short term,

--- Nifty is again in uptrend (from 26th March.) with targets of 5320, 5380, 5420.

--- The up trend will ‘terminate’ below 5187.



(Targets are +/- 20 points, ** means target achieved)

Wednesday, March 24, 2010

TREND WATCH-MARCH 25

· Last swing low is at 5187. (Higher low)

· Last swing high is at 5270. (higher high)

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5101.

· In the short term,

--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230**. (All targets achieved)

--- The up trend will ‘terminate’ below 5187.



(Targets are +/- 20 points, ** means target achieved)

Saturday, March 20, 2010

TORTOISE RALLY SINCE 30 WEEKS




--Nifty is in tortoise rally since almost six months which looks more as consolidation then distribution.(Nifty is trading in 4500-5300 band since more then 30 weeks).
--MACD is converging and is ready to give buy signal.
--RSI has just broken the downward trendline.

Wednesday, March 17, 2010

TREND WATCH-MARCH 18

• Last swing low is at 5101. (Higher low)

• In the medium term,
--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)
--- The up trend will ‘terminate’ below 5049.

• In the short term,
--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230**. (All targets achieved)
--- The up trend will ‘terminate’ below 5101.

(Targets are +/- 20 points, ** means target achieved)


NOTE-
our all targets for short and medium term achieved.
cheers.

Tuesday, March 16, 2010

TREND WATCH-MARCH 17

· Last swing low is at 5101. (Higher low)

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5049.

· In the short term,

--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230.

--- The up trend will ‘terminate’ below 5101.

(Targets are +/- 20 points, ** means target achieved)

Friday, March 12, 2010

TREND WATCH-MARCH 12·

· Last swing low is at 5092. (Higher low)


· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5049.


· In the short term,

--- Nifty is again in uptrend (from 11th March.) with targets of 5180, 5230.

--- The up trend will ‘terminate’ below 5092.



(Targets are +/- 20 points, ** means target achieved)

Thursday, March 11, 2010

TREND WATCH-MARCH 11

· Last swing low is at 5092. (Higher low)

· Last swing high is at 5147. (Higher high)


· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 4834.


· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5092.



(Targets are +/- 20 points, ** means target achieved)

Wednesday, March 10, 2010

NIFTY IN SQUEEZE



--Nifty future 60 minute chart shows squeeze between 5139 & 5096.




--Nifty fut 30 minute chart shows same squeeze.



--Nifty weekly chart also in squeeze between 4650-5300.

Interesting trending time coming soon.

TREND WATCH-MARCH 10

· Last swing low is at 5049. (Higher low)

· Last swing high is at 5147. (Higher high)

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 4834.

· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5049.

(Targets are +/- 20 points, ** means target achieved)

Monday, March 8, 2010

TREND WATCH-MARCH 9

In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**.(all targets achieved)

--- The up trend will ‘terminate’ below 4834.



· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5049.

Saturday, March 6, 2010

TREND WATCH-MARCH 8

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150.

--- The up trend will ‘terminate’ below 4834.

· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5049.

(Targets are +/- 20 points, ** means target achieved)

Thursday, March 4, 2010

We were bullish when nifty was at 4757

I posted here in the blog on 11th February that it is time now to be bullish about market. (One of the few posts where I had posted charts!!!!)

read it again here
http://niftydoctor.blogspot.com/2010/02/time-to-be-bullish.html

Wednesday, March 3, 2010

Trend Watch-March 4

• In the medium term,
--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150.
--- The up trend will ‘terminate’ below 4784.

• In the short term,
--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.
--- The up trend will ‘terminate’ below 4834.

(Targets are +/- 20 points, ** means target achieved)