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July 30, 2012

Nifty and BankNifty Above the SAR

Both the indices are in buy mode today. Both are currently trading above the SAR.

June 20, 2012

20th June 2012

We are entering the last leg of the current upswing. Today market is likely to move upwards and remain above the SAR's for a day or two. The next SAR break on the downside will be severe. It may start anytime on 22nd June or 25th June.

March 2, 2012

NIFTY SAR

Nifty closed well below at 5340. SAR for today NIFTY 5401 and Bank Nifty at 10486. It is taking some time to cross the recent low at 5280. Below that downside confirms.

March 1, 2012

NIFTY SAR

Nifty yesterday opened up and again moved below SAR. Again in sell mode.
NIFTY SAR at 5414 and BANK NIFTY AT 10529.