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Month: February 2012

4 / 4

Nifty Goes Above The 200 DMA, Faces Resistance

The Nifty crossing the 200 Day Moving Average today, ending at 5,236 and breaking back up after exactly 9 months (the cross-under was May 1, 2011). Maybe it ...

India Manufacturing PMI Rockets Up To 57.5

The HSBC Markit Purchasing Managers Index (PMI) has moved substantially up to 57.5. Numbers above 50 indicate expansion, and below 50 are contraction. While ...

The Best Month For Nifty Since May 2009

The 12.4% return on the Nifty in January is an incredible start to the year, and the best return of the last 30months. As you can see, the number of double ...