Sunday, June 2, 2013

NIFTY MACRO AND MICRO ANALYSIS for week ending 07 June 13

2 Jun 13, 04:37 PM


admin: eod nifty chart is showing these candles


2 Jun 13, 04:38 PM


admin: study of last 4 candles


2 Jun 13, 04:39 PM


admin: spinning top ……dilemma


2 Jun 13, 04:39 PM


admin: hanging man …reversal of trend indication


2 Jun 13, 04:40 PM


admin: whaite body engulfing…we can say …perfect bull trap


2 Jun 13, 04:45 PM


admin: and lastly large red candle confirmed gr8 fall


2 Jun 13, 04:49 PM


admin: 5940 50 is looking as very light support as per daily chart


2 Jun 13, 04:50 PM


admin: but 5864 and 5775 are strong supports


NIFTY_Daily_02-06-2013


1 Jun 13, 06:41 PM


admin: so again question is


1 Jun 13, 06:41 PM


admin: what to do on monday


1 Jun 13, 06:41 PM


admin: at 5980


1 Jun 13, 06:41 PM


admin: or 6k


1 Jun 13, 06:44 PM


admin: yes kunal


1 Jun 13, 06:44 PM


admin: i m not bullish at 6klevel


1 Jun 13, 06:55 PM


admin: reason


1 Jun 13, 06:56 PM


admin: see weekly candle


1 Jun 13, 06:56 PM


admin: closed at bottom of last week candle


1 Jun 13, 06:56 PM


admin: shape doji LONG legged like shooting star


1 Jun 13, 06:57 PM


admin: can see here http://chartink.com/stocks/nifty.html


1 Jun 13, 06:58 PM


admin: volume is comparatively higher


1 Jun 13, 07:03 PM


admin: but 1 more thing is there


1 Jun 13, 07:04 PM


admin: last weekly candle is bullish harami also


1 Jun 13, 07:04 PM


admin: if we see 2 last candles


1 Jun 13, 07:04 PM


admin: so dilemma


1 Jun 13, 07:05 PM


admin: doji or shooting star or harami


1 Jun 13, 07:05 PM


admin: harami is ok


1 Jun 13, 07:06 PM


admin: but will it be bullish or bearish harami


NIFTY_Weekly_02-06-2013


seeing  both charts we can say market participants are still having both bullish and bearish opinion …conclusion is nifty may trade between 5775 – 6075…   if nifty slipped below 5950 and stays there then it will remain below 5950 for full week .


Do not oppose trends …do not mix your emotions with your analysis …do not expect too much  ….grow slowly like a tree….Do not try to grow fast like a creeper …its life is too short …


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sgx  daily chart is showing that  it cracked after tweezers  top …


i can see  tristar  also  and as per that  5750  will be on cards within 5 sessions


sgx31


 


 


 



NIFTY MACRO AND MICRO ANALYSIS for week ending 07 June 13