understanding nifty

Upload: rahul-parab

Post on 14-Apr-2018

217 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/30/2019 Understanding Nifty

    1/3www.

    TE

    nayanmval

    NIFTY

    Lookingrange foIt has alcrucial 6will be th

    Now letwhere NI

    HNIC

    a.com

    AILY

    at the NIFTthe secon

    eady retrac1% and thee trend deci

    have a loIFTY is hea

    L INSI

    UN

    Y daily chatime.

    ed 50% frodownwardder.

    k at the weed.

    HTS

    ERST

    t below yo

    a fall of 5loping tren

    kly and m

    NDIN

    will see th

    12 to 5195line which

    nthly chart

    G NIFT

    t Nifty faile

    . Further puis at 5650

    below to ha

    Y

    d to move

    ll back willo 5700 ran

    ve a better

    elow 5150-

    ring it to tee which ac

    understandi

    5200

    t thetually

    ng of

  • 7/30/2019 Understanding Nifty

    2/3www.

    nayanmval

    NIFTY

    (Februarclose belNIFTY M

    a.com

    ONTHLY

    y 2011 andow this ran

    ONTHLY c

    J une 2011e will be a

    art is yet to

    Fr

    ).As of norend decide

    give any di

    mNAYA

    89 weeksr for BEAR

    ection on t

    M. VALA

    EMA is aro.

    e upside a

    SECURITI

    und 5300-5

    all indicato

    ES PVT.LBy Dh

    Throughthe bullbetween2003 toNIFTYalwayssupportthe 89EMA incorrectio(2004,

    2008).

    As ofNIFTYtwicesupportweeks E

    50. Any w

    s like MAC

    RSI andclassic dtop areshowingsignsreversal.

    D.RESEArmesh N.

    outrun

    2008had

    akenat

    eeksveryn.006,

    nowhas

    akenat 89MA.

    ekly

    ,

    theublenotany

    of

    RCHVala

  • 7/30/2019 Understanding Nifty

    3/3www.

    nayanmval

    Disclaimer:

    use, reprodconstrued aopinions onfaith, but nwithout notimentioned iany relatedNeither NAincorrect, mi

    Contact

    NAYAN403-404,Mumbai

    TelephoE-Mail:Website:MEMBEMEMBE

    a.com

    The informatio

    ction, disclosurs, any offer for swhich this comrepresentation

    ce. NAYAN M.n this report orinvestments. RAN M. VALA S

    isleading or alte

    Details:

    M. VALA SCosmos C

    400056.es: [email protected]

    : NATION: BOMBAY

    contained here

    e or disseminatiale or subscriptiunication is ba

    or warranty, exVALA SECURIny related invescipient/s shoulECURITIES PVed information c

    CURITIESurt, Above

    105973/74/vsnl.net.inmvala.com

    L STOCKSTOCK E

    in is confidentia

    on is prohibited.n of or any invi

    sed have beenress or impliedIES PVT.LTD.tments, may aff

    not consider tT.LTD. nor anyontained herein.

    PVT.LTD.Waman Ha

    2549230/3

    XCHANGECHANGE

    l and is intende

    This informatioation to offer toomplied or arri

    , is made as toand/ or its cliect transactionsis report as onof its affiliates

    i Pethe J e

    448788.

    OF INDIATD CODE

    solely for the a

    does not consbuy or subscribed at from sourtheir accuracy,ts may have por may buy, sellly a single facthall assume an

    ellers, S. V.

    TD CODEO. 6222

    ddressee(s). An

    titute or form pafor any securiti

    ces believed tocorrectness andsitions in or oor offer to buy or in making thy legal liability

    Road, Vile-

    F

    NO.23/1351

    y unauthorized

    rt of and shoulds. The informati

    be reliable and iare subject totions on the ser sell such secuir investment dr responsibility

    Parle (Wes

    x.2612431

    1/13

    ccess;

    not beon andn goodchangecuritiesities orcision.

    for any

    ),