Saturday, April 14, 2012

Technical Analysis of Stocks

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Friday, April 13, 2012

JNSAR for 16th Apr & BankNifty's Tech.table.

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BN, having retraced past 10415, is set to cross next hurdle @ 10535 for a larger upmove.

Today's close should confirm the return of momentum in the weekly T/F with a close above High ema though day has returned to upward momentum.
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Thursday, April 12, 2012

JNSAR for 13th Apr & BankNifty's Tech.table.



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BN, downtrending, has 10285 as 1st resistance above which 10335.

Day Lead indicator continues to point down. Only a move past 10415 would arrest this correction.
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Wednesday, April 11, 2012

JNSAR for 12th Apr & BankNifty's Tech.table.

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BN, downtrending, is heading towards the last phase of Contracting triangle..

Sustaining below 9725, this corrective nature may turn into a larger downtrend.
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Tuesday, April 10, 2012

JNSAR for 11th Apr & BankNifty's Tech.table.



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BN, downtrending, is due for a bounce owing to oversold Hour TA.

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Monday, April 9, 2012

JNSAR for 10th Apr & BankNifty's Tech.table.



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BN's correction upto10094(61.82%) is normal but not below 9977.


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Sunday, April 8, 2012

Technical Analysis of Stocks

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