Friday, August 19, 2011

JNSAR for 22nd Aug & BankNifty TechTable.




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BN's downmove intensifies below 10000.




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Thursday, August 18, 2011

JNSAR for 19th Aug & BankNifty's Tech.table.




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BN begins its journey in the 4-digits with a pivot too in 4 digits.


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Wednesday, August 17, 2011

JNSAR for 18th Aug & BankNifty's Tech.table.




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BN found the earlier support-10340 turning resistance.


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Tuesday, August 16, 2011

JNSAR for 17th Aug & BankNifty's Tech.table.




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BN, if stays above 10200, would continue the corrective bounce.


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Monday, August 15, 2011

Technical Analysis of Stocks

Stock files are being updated and the links may be found at the top right corner of this blog.
As suggested last week - "More and more stocks are joining the Monthly downtrend mode", stocks have plummeted in line with technical readings and will continue to move down with periodic bounces. No bottoming formations are evident in week/ Month T/F. However, look for short term bottoming in Day T/F for fine tuning.
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