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Analysis of Indian and US stock markets - Nifty, S&P 500 and Dow Jones. Fundamental view and trend analysis. Analysis of Nifty and S&P 500 based on Technical Analysis
Recent Posts Tagged With 'fibonacci'
Nifty and Sensex in Danger
Today both NSE Nifty and BSE Sensex closed below the Fibonacci retracement level of 61.8% of the up move from Oct lows to 5th Nov highs. In fact, Sensex was below that level (9850) yesterday itself but Nifty and Nifty Future maintained it.The worryin...
Nifty and Sensex Break Major Support
Today is the day to remember in history for Indian stock markets. The Benchmark BSE Sensex and NSE Nifty both the indexes CLOSED below what could have been ultimate support - the Fibonacci 61.8% retracement of past five year bull market. In other wor...
Indian Markets at Last Support?
Friends,Today I present something that is as obvious as oxygen in atmosphere and yet very rarely talked about. I am talking about the long term direction of S&P 500 of USA and NSE Nifty of India.7th of October, 2008 was when S&P 500 broke the...
Nifty Future Weekly Analysis Based on Weekly Chart
Dear Friends,Here I present my analysis of Nifty Futures based on Weekly Chart. However, As I said in my last posts, there is an atmosphere of indecision all throughout the world's capital markets caused by direct interference into economy by US and ...
Nifty Future Analysis on 19th Sept Hourly and Daily Charts
Friends,NSE Nifty Future opened gap-up today in accordance with global markets and we witnessed one more fierce rally (considering last two days). Here I present my views based on Hourly and Daily charts.Hourly Chart of Nifty FutureLooking at the hou...
S&P 500 Futures As on 5th September
In my last post an its previous post I told in clear terms that the rally that was there in US Markets was none other than a suckers' rally. Yesterday you saw what happened. Actually the rising channel/wedge that was there on S&P 500 Futures from...
Nifty Future on a Resistance
Nifty rallied today almost 4% and a lost confidence of bulls was somewhat back. In my last post about Nifty Future I told how important was the 4207 support and now you can see why. Today's move has turned short term indicators bullish but again the ...
Nifty Future Analysis as on 25th Aug 2008
As I posted here yesterday, Nifty Futures opened higher and started moving southward then eventually closing with marginal gains. Resistance was encountered at about the middle of 34 Period EMA and 55 Period EMA on the Daily Chart.Looking at Fibonacc...
Nifty Analysis - Weekly and Daily Charts
Dear Friends,So I am here with the Weekly Chart (Long Term) and the Daily Chart of Nifty. My observation based on the charts are following:The Daily ChartThe Daily Chart of Nifty made me recall the previously well mentioned lines - Line 1 - The Main ...
