NIFY EOD Analysis as on 8th December 2010

NIFY EOD Analysis as on 7th December 2010

NIFY EOD Analysis as on 6th December 2010

NIFY EOD Analysis as on 2nd December 2010

NIFY EOD Analysis as on 2nd December 2010

NIFY EOD Analysis as on 30th November 2010

NIFTY jumped up today. So, the 5700 level proved a good support at 38.2% level. Now, we have resistance at 5940 level. Till then, we are in short term downtrend.




Questions
What is going to happen next?

Let's wait and watch!

NIFY EOD Analysis as on 29th November 2010

NIFTY today made an up-move from 38.2% level after last day's downward move. Will bulls get the momentum to sustain the upward move from here? In my opinion, the level of 5939 should be broken to confirm the +ve bias. Till then we are in short term correction mode.



Questions
What is going to happen next?

Let's wait and watch!