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December 22, 2012: The broad market indexes-- Nifty and Sensex -- are not doing much of anything as they cling to the resistance zone. So we thought we'd step back and take a long term look at the auto sector, which is very bullish right now.

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December 15, 2012: The bears are still in play with resistance on NIFTY is still intact and the index has been unable to break out of level for a few days now. The resistance level for NIFTY is between 5861 and 5955.

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December 1, 2012: The price action of NIFTY has created two very important formations with the long term chart showing a potential rally and the short term chart showing continued consolidation. 

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November 24, 2012: NIFTY's bounce has slowed at a resistance level and is weaker than the global indexes which had strong rallies this week. However, the NIFTY can continue its march up if the resistance level is cleared and it follows the global indexes on Monday.

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October 20, 2012: NIFTY lost its bullish power and is now back at support but not catching a significant bounce. On the contrary, the index is hammering away at support, which is weakening that level making it more susceptible to a break down.

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October 6, 2012: NIFTY broke out of its resistance level on Thursday and seems headed to the next zone between 5862 and 5940. The rupee meanwhile continues its march to the 48 to 49.50 level powered by the reforms announced by the government.