Saturday, January 21, 2012

Technical Analysis of Stocks

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Friday, January 20, 2012

JNSAR for 23rd Jan & BankNifty's Tech.table.




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BN, uptrending & closing above MEma, has to defend "9065".




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Thursday, January 19, 2012

JNSAR for 20th Jan & BankNifty's Tech.table.




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BN, uptrending, has the potential to make another high before a ST -ve div, if any, sets in.





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Wednesday, January 18, 2012

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




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BN, uptrending & overbought, is likely to get into a consolidation mode staying below 9045.



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Tuesday, January 17, 2012

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




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BN, uptrending & having paused for 2 days, poised to move higher from the channel support.







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Monday, January 16, 2012

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




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BN, uptrending & overbought, is likely to get into a consolidation mode staying below 9050.

BN's fall from 9076 to 8946 on Friday got retraced by 50%. The 80% mark comes at 9048. Breaking 8946 would confirm the continuation of that fall towards 8800 from where intraday bounces may be expected. A new retracement may be checked then on.

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Sunday, January 15, 2012

Technical Analysis of Stocks

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