The Nifty is again approaching 200 DMA. The market rallied a long way today but closed below 5700. Aclose above 200 DMA is crucial for further up side.
Monday 25 July 2011
Nifty poised @ 200 DMA
The Nifty is again approaching 200 DMA. The market rallied a long way today but closed below 5700. Aclose above 200 DMA is crucial for further up side.
Monday 18 July 2011
Sun TV may breakout
Sun TV has taken a beating for the past few weeks. Howveer, the stock has gained for the past five successive trading sessions. The stock is on the verge of downward trend line and if the stock close above the trend line then it may move further up.
The stock is also poised at its 50 DMA and if it doesn't face resistance at this juncture then it may register more gains.
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