Friday, August 3, 2012

JNSAR-Stocks-06th Aug.12 & BankNifty's Tech.Table.


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BN's corrective phase has managed to close above its Emas daily and the same remains critical today...10313-362..


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Thursday, August 2, 2012

JNSAR-Stocks-03rd Aug.12 & BankNifty's Tech.table.


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BN is reined in by its 20sma(10480) and the critical 5sma is rising fast..


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Wednesday, August 1, 2012

JNSAR-Stocks-02nd Aug.12 & BankNifty"s Tech.Table.


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BN,below High emas, is indecisive & weak below 10285.


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Tuesday, July 31, 2012

JNSAR-Stocks-01st Aug.12 & BankNifty's Tech.Table.


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BN, breaking out, enters an event-bound day.

BN is poised at the middle point of the monthly range on the last day of the month with an event filled day, an event that has thrown surprises in the past.
As long as 10240-290 holds, the short term uptrend is safe.
Aggressively, one could use 10334, JNSAR to deal with volatility.
Favourable news could propel it past WHEma & MHEma while
Unfavourable could drag it below 10335 towards 10240/10200..

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Monday, July 30, 2012

JNSAR-Stocks-31st July.12 & BankNifty's Tech.table.


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BN, downtrending, is getting sold on rises with EOD closes below critical averages.


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