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Sunday, November 29, 2009

Tata Steel Chart 30'th Nov & 1 Dec 2009

Dear Viewers,
Good Morning ......... & Wish you Happy trading today...........
As updated on 26'th Nov 2009 (image of beak down) Nifty can also expect major breakdown in this dec series.
Nifty Chart :-
Nifty has support of 4920, 4900,4870 & resistance of 4997,5020,5044.


Derivatives Summary
Nifty (December) future has turned into a premium of 4.55 points from a discount of 12.9 points and 12.14 lakh shares were added in open interest. Total open interest in the market was Rs87,805 crore and Rs4,307 crore were added in open interest. Nifty call option added 19.69 lakh shares in open interest, whereas put option added 50.33 lakh shares in open interest. Nifty PCR(OI) is 1.33.
Tata Steel Chart :-
Tata Steel has support of 538,527,523 & resistance of 553,557,563.

Tata Steel ADVANCE SCIENTIFIC Chart 30'th Nov 2009 :-
Forecasting this to happen during the Market Trading Hours)


Tata Steel ADVANCE SCIENTIFIC Chart 1'st Dec 2009 :-
Forecasting this to happen during the Market Trading Hours)

Be cautious Big Break Down expected in Nifty December Series .....................

BYE ...........................

2 comments:

BALA said...

Sir,

Very good analysis. However , if nifty chart is added this will be more useful . How the model of forecasting is constructed. Is it possible to forecast advance moe than one day using the technique employed by your software

Thanks .Keep it up

Mail : vyasnarendra@in.com said...

yes u can not only get daily but weekly also . bcause rules will be same....