Daily Newsletter by S2 Analytics

NewsLetter

Nifty Watch July 02-2014

ABSTRACT Life time new highs again – nifty crosses 7700, upside momentum remains strong. Pre-budget rally may continue with some pause and consolidation; this may be the final blow off rally followed by a strong correction. Large Trading Range remains intact in Bank Nifty. Prices have seen a breakout from its short term resistance at […]

Nifty Watch July 01-2014

ABSTRACT Prices remain in contraction much more than they remain in thrusts and breakouts. Trading inside contraction is not a winning proposition – the nifty was moving inside just 38 points today, hardly any profitable trading was possible. Trading range remains intact in Bank Nifty. Prices are now trading near its short term resistance at […]

Nifty Watch June 30-2014

ABSTRACT Today, Monday was setting up to be a big buy day. This came about. But, the nifty remains inside a trading range; a breakout from the range will occur if and when the nifty closes above 7650 decisively or below 7500. Trading range remains intact in Bank Nifty. A short term resistance comes at […]

Previous Posts Next posts