Technicals from Moneycontrol.com http://www.moneycontrol.com Sat, 04 Jul 2009 15:00:03 IST Moneycontrol.com http://img1.moneycontrol.com/images/mc_common/mc_logo_n18.gif http://www.moneycontrol.com Feed provided by Moneycontrol. Sudarshan Sukhani of Technical Trends sees 4,400 Nifty as the breakout point and 4,250 as the breakdown point. He advises investors to stay away today. “We still remain inside that trading range and it is one of those terrible days in a year when you just do nothing.”http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=404350Moneycontrol.com editor@moneycontrol.com Fri, 03 Jul 2009 11:40:00 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=404350Technical Analyst Ashwani Gujral expects the market to trade in a range of 4,2504,450 till the budget. \"I do not think the market has enough legs to take out 4,440 before the budget.\" He sees support for the Nifty around 4,2004,500. http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=404146Moneycontrol.com editor@moneycontrol.com Thu, 02 Jul 2009 10:41:36 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=404146Sudarshan Sukhani of Technical Trends was surprised with the performance of the market yesterday. According to him, if the Nifty were to go below 4,200, the intermediate uptrend is over.http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403938Moneycontrol.com editor@moneycontrol.com Wed, 01 Jul 2009 10:42:28 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403938Technical Analyst Ashwani Gujaral said sees the Nifty trading in a 4,1504,650 range post Budget. \"The most likely scenario is whatever happens in the Budget, we do not break 4,150 on the downside and 4,650 on the upside.\"http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403537Moneycontrol.com editor@moneycontrol.com Mon, 29 Jun 2009 09:37:40 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403537Sudarshan Sukhani of technical trends said the Nifty would be in a range between 4,200 and 4,400. He recommended going long in the market only once the Nifty rallies above 4,400.http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403297Moneycontrol.com editor@moneycontrol.com Fri, 26 Jun 2009 09:38:10 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403297Technical Analyst Ashwani Gujral said the markets were showing similar pattern as they were showing in 2004. “I would back the uptrend to restart again rather than a breakout as long as the Nifty holds on to 41004200,” he added.http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403118Moneycontrol.com editor@moneycontrol.com Thu, 25 Jun 2009 09:37:18 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=403118With the market in a clear correction mode, what are the targets from hereon? Technical Analyst Mitesh Thacker said yesterday was a superb comeback when the market clawed back from the red to close flat. “If the Nifty starts above 4,270, I will buy with a 50point stoploss.”http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402933Moneycontrol.com editor@moneycontrol.com Wed, 24 Jun 2009 09:53:22 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402933Rajat Bose of Rajatkbose.Com said that the major support area around 4185 may be broken by a gapdown. http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402761Moneycontrol.com editor@moneycontrol.com Tue, 23 Jun 2009 09:45:21 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402761After seeing a correction last week, it’s now time to buy, Sudarshan Sukhani of Technical Trends said. \"The short trades worked out well last week, now one can go out and buy,\" he said. The 4,200 support of the Nifty chart would work well, Sukhani said. \"Traders should keep a stoploss of 4,200 below which an uptrend won’t work.\"http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402579Moneycontrol.com editor@moneycontrol.com Mon, 22 Jun 2009 09:47:15 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402579Mitesh Thacker of miteshthacker.com said the Nifty was likely to hit 4,000 and the bounce back from there. In the shortterm, he recommended shorting if the market rallied to around 4450. He added that the market would hit about 4,110 4,120 soon. http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402362Moneycontrol.com editor@moneycontrol.com Fri, 19 Jun 2009 09:51:01 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402362Technical Analyst Ashwani Gujral, in an interview to CNBCTV18, said the 4,1004,150 zone was the next support for the Nifty and if that is broken, it may signal a greater downside.http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402197Moneycontrol.com editor@moneycontrol.com Thu, 18 Jun 2009 10:57:54 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402197Sudarshan Sukhni of Technical Trends said the market would fall from now with a target of 4,200 and would find it extremely difficult to go much higher now. “The cyclical uptrend has now turned down.” http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402013Moneycontrol.com editor@moneycontrol.com Wed, 17 Jun 2009 09:59:19 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=402013Rajat Bose of rajatkbose.com sees the support for Nifty between 4,400 and 4,420. He added that, were 4,353 to break the Nifty would then become very weak. http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401845Moneycontrol.com editor@moneycontrol.com Tue, 16 Jun 2009 10:02:13 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401845Technical Analyst Sudarshan Sukhani said the markets could open weak and that may be an opportunity to shortsell, “but if the Nifty opens 50 points gapdown, that will be lost.” The second option was to buy, he said, “but one should buy only on a deep decline.”http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401683Moneycontrol.com editor@moneycontrol.com Mon, 15 Jun 2009 10:13:36 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401683Trader Atul Suri is of the view that the markets may consolidate and giveup some gains around the 4,650 level. He further said that there is no reason to work till Nifty goes below 4,100 levels. Nifty, Suri said, can go to 5,300 if it breaks past 4,560 with good volumes.http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401669Moneycontrol.com editor@moneycontrol.com Mon, 15 Jun 2009 09:40:27 GMThttp://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=401669