Home
Option Tools
Services Offered
My Services
Contact Us
Charts
Charts (Premium)
Chart Watch
JCharts (EOD)
JCharts(EOD-COMM)
HCharts (EOD)
HCharts (EOD-COMM)
Forum
Stock Lists
Screener (EOD)
Screener (EOD-Comm)
Breadth Charts
Calculators
Education
Links
FAQs
Advertise Here
Charts (Old)
Login Form





Lost Password?
No account yet? Register
  iCharts Discussions

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Nifty Report - Sept 06, 2007

 
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Market Direction
View previous topic :: View next topic  
Author Nifty Report - Sept 06, 2007
stockmode
White Belt
White Belt


Joined: 08 Jan 2007
Posts: 79
Location: indore, india

Post: #1   PostPosted: Thu Sep 06, 2007 9:41 am    Post subject: Nifty Report - Sept 06, 2007 Reply with quote

Close: 4,475.8501
--------------------------------------------------------------------------------
Support < Support [[Crucial]] > Resist > Resist
4,431.5166 < 4,453.6836 < [[ 4,480.7168 ]] > 4,502.8838 > 4,529.9170
--------------------------------------------------------------------------------
Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish
--------------------------------------------------------------------------------
We are only interested in a long position.
The momentum is upward.
The upward momentum is slowing.
This is an area to be cautious about placing a long entry, and if you are already long it might be time to tighten your stop.
-------------------------------------------------------------------------------
Bharat Mudgal's comments:

As mentioned in the previous reports, NIFTY is facing selling pressure as it is moving towards the resistance levels. It is advisable to reduce long position on upmove unless and until NIFTY close above the resistance of 4615 or when the momentum turns upward. Major resitance levels are 4570 and 4615. Support is at 4350.
Back to top
View user's profile Send private message Send e-mail
nanchilvijay
White Belt
White Belt


Joined: 13 Jun 2007
Posts: 26

Post: #2   PostPosted: Thu Sep 06, 2007 9:48 am    Post subject: conterversal Reply with quote

Today nifty poised to move around pivot 4440 and further come down to 4406 or further to 4380 and upmove may be not above 4466
Back to top
View user's profile Send private message
nanchilvijay
White Belt
White Belt


Joined: 13 Jun 2007
Posts: 26

Post: #3   PostPosted: Thu Sep 06, 2007 8:00 pm    Post subject: APOLOGISE Reply with quote

i appologise for the wrong assumption of the market move and for posting

nanchilvijay
Back to top
View user's profile Send private message
stockmode
White Belt
White Belt


Joined: 08 Jan 2007
Posts: 79
Location: indore, india

Post: #4   PostPosted: Fri Sep 07, 2007 9:47 am    Post subject: Reply with quote

Its ok Smile

I appreciate your post and reply Smile

keep posting. Goodluck!

Regards
Bharat Mudgal
Back to top
View user's profile Send private message Send e-mail
Display posts from previous:   
Post new topic   Reply to topic    iCharts Discussions Forum Index -> Market Direction All times are GMT + 5.5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

@MEMBER OF PROJECT HONEY POT
Spam Harvester Protection Network
provided by Unspam