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Hai saivenkat... Thanks for your update. Relative Strength Index (RSI) is not the indicator of "fear factor". It shows the pace of movement. Whether upward or downward. Certainly Nift's RSI will come down tomorrow unless it cross 5300. The problem is lack of profit booking. Nifty rallied 401...

I said earlier about the tough times for bears, and certainly feeling the heat of Bull's. But...... Look at the intraday chart of DOW and NIFTY. 14 Day RSI is alarmingly high. For DOW it is 95 today. I never saw this since 2006 from where I tracking this market. For Nifty it is 91.7 today...

This is going to be tough times ahead for me "a poor bear". But I still believe going higher without proper profit booking, fall will be more deeper.

If you know MS Excel, it is very simple. Collect data from www.nseindia.com . You will get historical data of Nifty and all stocks listed in NSE with open, high, low close, trade quantity, volume everything from this site. Calculate averages and draw chart with chart option in Excel. No need to...

I think you got wrong information on BALRAMCHIN. Because it broken longterm support line of 200 DMA one month ago. Exactly on 10th of February 2010. Its lowest closing after that is 103. Today it closed at 100. This is its lowest closing since July 15, 2009. 92.35 can considered as a support...

Nifty still on a confusion phase. From todays point of view 5147-5080 range is on. These to be considered as break even points. Hangseng made a gap between 20821 and 21081 on Monday. Now it is 387 point below and it made a hammer pattern today. If Dow closes above 10613 the rally will...

BHARTIARTL hit my stoploss figure. Still holding is gambling.

Nifty made a red signal today. But Dow is still on positive side. Our market may test 5050-5030 support area in coming days. I dont think retail traders can catch that fall. It may be intraday or even at dieing hours.

BHARTIARTL made the intraday low of 287.05 and holds the support line of 287 as I said yesterday. On technical chart it made a doji pattern. If you holding it, plz wiat for a day or two with strict stop loss of 287

I smell first blood of post-budget rally tomorrow or wednesday.

SUZLON made my target.

Sorry friends, I was out of station for some days. Rajputz, I am not tracking any telecome stock because this sector is in a saturation period. I dont think this sector perform well any more as it did in 2006-07. On the technical chart BHARTIARTL made a big fall in October 5 to 15. It never...

Now the things are heading towards a nail biting finish. Can Nifty close above 5010 tomorrow? It is alredy 5080 and made a 'hammer' on candle stick after three white candle. This may act as trend reversal pattern. Hangseng filled the gap between 20662-20853. Today closed at 20575. Dow holding...

Why u left suzlon on the way? It is highly bullish. There is a gap between 82.35 and 81.45 made on Jan 21 and 22. On technical point of view this should be filled. I think this rally may extend to that level.

Reliance made its high point on opening and came back and closed around low point. Even market made a pull back Reliance not. Your target of 1027 itself is a resistance. But I suspect Reliance not to rally up to mark. Good support seen at 995.

Nifty reached my short term target of 5020-5030 range. This is very difficult area. Weekly close above 5050 is needed for further upside. Three more days ahead. Can Nifty hold this area till friday? Selling pressure will emerge at 5050. 14 Day RSI of Hangseng, Dow and Nifty are 69.77, 72.19...

Bought Nifty 5000 strike Call @ 98.65 and sold @ 114.65. Profit of 16 points.

72 is good support. Break below will lead to 70. Keep watch.

Collecting data regularly from, finance.yahoo.com and making my chart in Excel

Cheer in global market. Hangseng made 400 point up and closed above 50 DMA (20979). Dow also now trading above this line. Dow's 50 and 100 DMA's are together at 10368 and 10371 respectively. This is a stiff resistance for Dow. If it can close above this line we should also do the same. Nifty's...