NitinSachan

NitinSachan

stronger rupee and weak oil and positive news from US is presently giving strength to nifty , if things keep improving then present rally may extend above 11000 too . lets see what lies ahead in time ..

NitinSachan

looks like there will be bounce on bank nifty tommorrow after 2 days of blood bath .

NitinSachan Updated 

looks like more down side is expected in the reliance , if it breaks 1230 level , it may slide up to 1214 level . further if 1214 is broken then it may slide up to 1160-1170 levels . Interesting days ahead .Today's selling was mainly driven by jeffrey's report on reliance , though stock is still strong .

NitinSachan

looks like more down side is expected in the reliance , if it breaks 1230 level , it may slide up to 1214 level . further if 1214 is broken then it may slide up to 1160-1170 levels . Interesting days ahead .Today's selling was mainly driven by jeffrey's report on reliance , though stock is still strong .

NitinSachan Updated 

ITC is making a very nice and symmetric pattern , it may rest for 1-2 days around 310 then will head for 318 in a week . keeping a long view on ITC

NitinSachan Updated 

breaking the upper channel after some previous failed attempts and also moving above 20 days SMA , 20 days SMA is almost like a magnet to the price , other than small deviation at times , price and 20 days SMA meet frequently

NitinSachan Updated 

Breaking the channel's upper line and also crossed 100 days moving average