Monthly Archives: January 2016

Nifty Weekly Technical Outlook for 18 Jan’16

Bumpy road ahead???

Passed two weeks remained superficial for hardcore bears and nightmare for bulls and current global as well domestic scenario clearly indicates that going ahead road is going to remain bumpy only-no smooth ride. As markets continued to slide down and down and ultimately Sept’15 & Dec’15 swing lows are also taken out. Now how far can we go, as I already started hearing about 6300 and few of my bear friends also mentioned about sub 5500 levels, do you heard that? Anyway it is common phenomenon, whenever such erratic moves happen you’ll start listening some extreme views from extremist, whoever it is Bear or Bull. In such turbulent times let’s see whether we should go contra or join the hands in existing carnage

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nifty weekly analysis 18 jan 2016

Nifty Weekly Technical Outlook for 04 Jan’16

2016 – Will you going to surprise us???

Markets always surprise us, don’t you think so? Up till 2013 nobody was sure where market is heading, and in March’14 Nifty gave breakout which was a like dream run for any hardcore bull, rally which continued for almost a year, and only ended in March’15 after clocking an all time high of 9119.20. In last 9 months from highs Nifty is down over 17%, but if we see couple of heavy weight stocks which are down significantly and trading near 52-week lows, so structurally there are lot of divergences. Rather delving into forecasting let’s see how objectively we can position our self in near future.

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nifty weekly outlook 04 jan'16