Nifty Trend Analysis 06-April-2019

Nifty trend analysis for the week starting 07-April-2019 The nifty trend is up in the last 4 weeks and the market has given one-way rally thanx to the bulls (FII’s) who have been on a buying sphere. The Nifty has moved from 10843 to 11834 almost 1000 points in one month. Despite the big rally…

700 Point Nifty Move Ahead

700 Point Nifty Future Move Ahead- Are You Ready? Nifty future is trading with a negative bias on weekly charts. The Resistance area is at 10850. Nifty future has broken the medium term trend line. Nifty future trading in head and shoulder formation and is moving towards completion of the right shoulder. Head and Shoulder…

Nifty View 21-Jan-2019

Nifty Future closed the week at 10927.15 As per Technical Analysis of Nifty weekly report Positives Nifty future closed positive on a weekly basis Nifty future managed to sustain above 200 DMA Buyers are using the market dip to enter longs. Negatives Nifty future closed lower than the opening on Friday trading session Nifty future…

Nifty Trend 14-01-2019

Nifty Trend For the week starting 14-Jan-2019 Nifty closed the week on a negative note at 10827.60, Even thou it was a negative close but it is still a higher close than the prior week which is good news for the bulls. As per the Technical Analysis, the resistance area is marked on the chart…