Thursday, 22 November 2012

Trading the nifty on 22nd November


Trading the nifty on 22nd   November

From the chart we can observe the Nifty is trying to make a comeback. It is very difficult to say anything about Nifty, unless we have a confirmation signal.

From here onwards we can expect the Nifty to 5640 and 5659. On the lower side 5590 is a good support level followed by 5571. Pivots for 22nd November is posted below.

NIFTY
Classical
Camarilla
Fibonacci
DeMark
Resistance 4

5647


Resistance 3
5695
5631
5658

Resistance 2
5658
5626
5635
5658
Resistance 1
5636
5620
5621
5636
Pivot Point
5599
5599
5599
5599
Support 1
5577
5609
5576
5577
Support 2
5540
5604
5562
5540
Support 3
5519
5599
5540

Support4

5582



Wednesday, 21 November 2012

Trend of nifty stocks on 22nd November


Trend of nifty stocks on 22nd  November
Symbol
Closing Price
Short Term
Mid Term
EMA Trend
Status
Williams
ACC
1384.3
Bear
Bear
Bear
Bear
Bear Zone
AMBUJACEM
199.45
Bear
Bear
Bear
Bear
Bear Zone
ASIANPAINT
3919.9
Bear
Bull
Bull
Bear
Bear Zone
AXISBANK
1236.35
Bull
Bull
Bull
BUY
Bull Zone
BAJAJ-AUTO
1819.35
Bull
Bull
Bull
Bear
Bear Zone
BANKBARODA
731.2
Bear
Bear
Bear
Bear
Bear Zone
BHARTIARTL
307.4
Bull
Bull
Accu
Bull
Bull Zone
BHEL
222.2
Bear
Bear
Bear
Bear
Bear Zone
BPCL
328.65
Bear
Bear
Dist
Bear
Bear Zone
CAIRN
327.65
Bear
Bear
Dist
Bear
Bear Zone
CIPLA
389.4
Bull
Bull
Bull
BUY
Bear Zone
COALINDIA
354.8
Bear
Bull
Bull
Bull
Bull Zone
DLF
201.8
Bear
Bear
Dist
Bear
Bear Zone
DRREDDY
1736.1
Bull
Bull
Bull
Bear
Bear Zone
GAIL
346.5
Bear
Bear
Bear
Bear
Bear Zone
GRASIM
3179.3
Bear
Bear
Bear
Bear
Bear Zone
HCLTECH
617.5
Bull
Bull
Bull
Bear
Bull Zone
HDFC
778.75
Bull
Bull
Neut
Bear
Bear Zone
HDFCBANK
663.7
Bull
Bull
Neut
Bull
Bull Zone
HEROMOTOCO
1807.3
Bear
Bear
Neut
Bear
Bear Zone
HINDALCO
107
Bear
Bear
Neut
Bear
Bear Zone
HINDUNILVR
524.6
Bear
Bear
Bear
BUY
Bear Zone
ICICIBANK
1044.45
Bear
Bull
Bull
BUY
Bear Zone
IDFC
157.85
Bull
Bull
Bull
Bear
Bull Zone
INFY
2349.85
Bear
Bear
Bear
BUY
Bull Zone
ITC
286.1
Bear
Bull
Bull
BUY
Bull Zone
JINDALSTEL
375.7
Bear
Bear
Bear
BUY
Bear Zone
JPASSOCIAT
88.8
Bear
Bull
Bull
Bear
Bear Zone
KOTAKBANK
629.3
Bull
Bull
Bull
BUY
Bull Zone
LT
1565.65
Bear
Bear
Bear
Bear
Bear Zone
LUPIN
563
Bear
Bear
Bear
Bear
Bear Zone
M&M
944.05
Bull
Bull
Bull
Bull
Bull Zone
MARUTI
1492.5
Bull
Bull
Bull
Bear
Bull Zone

REC – Recovering, Dttb – distribution, Accu – Accumulation