Nifty 50 stocks study charts

Tuesday, June 30, 2015

Nifty 30 June 2015

                                                                          5 mins chart

Nifty is near the important RED line which is a further trend decider. Always remember no matter what happens or any worst or best news comes STAY WITH YOUR RULES in TRADING and TRY TO PROFIT FROM CHAOS of the CROWD, 

Friday, June 26, 2015

Nifty 26 June 2015

                                                               5 mins chart

Nifty is in sideways trend since last three trading sessions with RED line being an important level where is it testing support. 

Thursday, June 25, 2015

Nifty 25 June 2015

                                                            5 mins chart

From chart it is seen that 8360 is an important level in terms of direction of nifty. Today being expiry day of June 2015 derivative contract we may see a high volatility in index.

Thursday, June 18, 2015

Nifty 18 June 2015

                                                              5 mins chart

The chart shows nifty is in uptrend and all long positions should be made and carried with stop loss below RED line.

Wednesday, June 17, 2015

Nifty 17 June 2015

                                                                5 mins chart

Facing resistance near RED LINE an important level.

Monday, June 15, 2015

Nifty 15 June 2015

                                                                  daily chart

Bearish engulfing candle formed on Thursday plus nifty sustaining above 8000 could be a trend reversal from bearish to bullish provided nifty is holding 8000.

(PS - Bearish engulfing candle formed after an uptrend is a bearish sign but this candle is formed after a steep fall indicating pessimism among traders and trend reversal happens most of the time at pessimism.)

Wednesday, June 10, 2015

Nifty 10 June 2015

                                                                   daily chart

Nifty bouncing back from oversold levels.

Tuesday, June 2, 2015

Nifty 2 June 2015

                                                          5 mins chart

Breaking all key levels and falling sharply markets are not happy with RBI credit policy. But this could be overreaction of markets also.