Sunday, 28 October 2012

Nifty Stocks trend on 29th October


NIFTY STOCK TRENDS AS ON 29TH OCTOBER
Symbol
Closing price
Long term
Mid term
Short term
EMA Trend
Aroon
Comments
ACC
1404.3
Bull
Bull
SELL
Bull
Bear
DownTrend
AMBUJACEM
208.2
Bull
Bull
Bull
Bull
Bear
UpT Sideways
ASIANPAINT
3923.5
Bull
Bull
Bull
Bull
Bull
UPTREND
AXISBANK
1231.7
Bull
Bull
Bull
Bull
Bull
UPTREND
BAJAJ-AUTO
1788.1
Bull
Bull
Bull
Bull
Bull
UpT Sideways
BANKBARODA
763.45
Bull
Bull
Bull
Bull
Bull
UpT Sideways
BHARTIARTL
266.65
Bear
Bear
Bull
Bear
Bear
UPTREND
BHEL
242.45
Bear
Bull
Bull
RCY
Bear
DownTrend
BPCL
348
Bull
Bear
Bear
Bear
Bear
DnT Sideways
CAIRN
334.85
Bull
Bull
Bull
Bull
Bull
UPTREND
CIPLA
354.95
Bull
Bear
Bear
Bear
Bear
DnT Sideways
COALINDIA
355.05
Bull
Bear
Bear
Bear
Bear
DownTrend
DLF
202.75
Bear
Bear
Bear
Ditb
Bear
DnT Sideways
DRREDDY
334.85
Bull
Bear
Bull
Bear
Bull
UpT Sideways
GAIL
354.95
Bull
Bear
Bear
Bear
Bear
DnT Sideways
GRASIM
355.05
Bull
Bear
Bear
Bear
Bear
DownTrend
DLF
202.75
Bear
Bear
Bear
Ditb
Bear
DnT Sideways
DRREDDY
1670.3
Bull
Bear
Bull
Bear
Bull
UpT Sideways
GAIL
364.25
Bear
SELL
Bear
Bull
Bear
DnT Sideways
GRASIM
3410.7
Bull
Bull
Bull
Bull
Bull
UpT Sideways
HCLTECH
609.2
Bull
Bull
Bull
Bull
Bull
UPTREND
HDFC
758.3
Neut
Bull
Bull
Neut
Bear
DownTrend
HDFCBANK
637.15
Neut
Bull
Bull
Neut
Bull
UpT Sideways
HEROMOTOCO
1869.7
Neut
Bull
Bear
Neut
Bull
DownTrend
HINDALCO
112.85
Neut
SELL
Bear
Neut
Bear
DnT Sideways
HINDUNILVR
552.2
Bull
Bull
Bull
Bull
Bull
UpT Sideways
ICICIBANK
1078.4
Bull
Bull
Bull
Bull
Bull
UpT Sideways
IDFC
157.85
Bull
Bull
Bull
Bull
Bear
UpT Sideways
INFY
2329.6
Bear
Bear
Bear
Bear
Bear
DnT Sideways
ITC
285.85
Bull
Bull
Bull
Bull
Bull
UpT Sideways
JINDALSTEL
386.1
Bear
SELL
Bear
Bear
Bull
DnT Sideways
JPASSOCIAT
90.6
Bull
Bull
Bull
Bull
Bull
UpT Sideways
KOTAKBANK
614.95
Bull
Bull
Bull
Bull
Bear
DownTrend
LT
1709.3
Bull
Bull
Bull
Bull
Bull
UpT Sideways
LUPIN
566.1
Bull
Bear
Bear
Bear
Bear
DownTrend
M&M
880.9
Bull
Bull
Bull
Bull
Bull
UPTREND
MARUTI
1365.7
Bull
Bull
Bull
Bull
Bull
UpT Sideways
NTPC
169.1
Bull
Bull
Bull
Bull
Bull
DnT Sideways
ONGC
274.6
Bear
Bear
Bear
Ditb
Bull
DnT Sideways
PNB
749.45
Bear
Bear
Bull
Bear
Bear
UpT Sideways
POWERGRID
113.85
Bull
Bear
Bear
Bear
Bull
DownTrend
RANBAXY
525.2
Bull
Bear
SELL
Bear
Bull
UpT Sideways
RELIANCE
798.95
Bull
Bear
Bear
Bear
Bear
DnT Sideways
RELINFRA
490.3
Bear
Bear
Bear
Bear
Bear
DnT Sideways
SBIN
2173.4
Bull
Bull
Bull
Bull
Bear
UpT Sideways
SESAGOA
169.85
Bear
Bear
Bear
Bear
Bear
DnT Sideways
SIEMENS
680.7
Bear
Bear
Bear
Bear
Bear
DnT Sideways
SUNPHARMA
684.8
Bull
Bull
Bull
Bull
Bull
UpT Sideways
TATAMOTORS
261.5
Bull
Bull
SELL
Bull
Bull
DnT Sideways
TATAPOWER
104.75
Bull
Bull
Bull
Accu
Bull
UpT Sideways
TATASTEEL
399.8
Bear
Bear
Bull
Bear
Bull
UpT Sideways
TCS
1315.3
Bull
Bull
Bear
Bull
Bull
DownTrend
ULTRACEMCO
2044.2
Bull
Bull
Bull
Bull
Bull
UpT Sideways
WIPRO
336.05
Bear
Bear
Bear
Bear
Bear
DnT Sideways
Prepared from last traded price

Trading the Nifty on Ocober 29th


Trading the Nifty on 29th October 2012

The Nifty has entered a Bearish zone, with all major indicators pointing at some more pains. The Asia Pacific was not promising on the last trading session. Although the euro zone performed not too bad, that did not help the Nifty the trigger it needed..from here onwards the Nifty could sell levels of 5693 and 5718 if a positive opening is made. Or else if the Nifty continues the current trend it could be dragged towards 5642 and 5618 which is closed to 5600 levels.

The pivot levels valid for October 29th.

NIFTY
Classical
Camarilla
Fibonacci
DeMark
Resistance 4

5723


Resistance 3
5754
5714
5736

Resistance 2
5736
5711
5724
5736
Resistance 1
5721
5708
5716
5721
Pivot Point
5703
5703
5703
5703
Support 1
5688
5702
5691
5688
Support 2
5670
5699
5683
5670
Support 3
5655
5696
5670

Support4

5687



Happy trading