Monday, February 28, 2011

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From
Nifty Mama

Sunday, February 13, 2011

Nifty Level for February 14, 2011

There is all good news poised to move Nifty go ahead and recovery is round the clock

Nifty is taking support at it's 100 week EMA, which coninsidently meet with both the trend line

Flag formation has completed now, as per calculation
  • Nifty started dipping from 6181 level to 5624 total loss 557
  • Nifty expected low would have been 5801 less 557 which becomes 5244 and Nifty has already recoved from low of 5177
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Tuesday, February 1, 2011

Three White Soldiers are waiting to take Nifty past 5600 this week

Watch out for Slowstoch which is poised to move in bullish Zone which is above 20.00 and it has tried to break partially red from below. This week target is 5610 which happen to 5 day EMA on daily basis.
We all enjoyed Nifty march past 5500.00, though marginally but it gives a lot physicological strentgth to a layman like me. Nifty will continue it's march till upper channel before taking some rest. today's target is 5575 to 5580 and it this achived Nifty will try to make three white soldiers pattern on daily basis.