Nifty Trend Analysis 10-June-2019

Nifty Trend Analysis by Mohit Jhanjee Zerodha Ludhiana Branch Nifty fut closed the week at 11900.75 The High for the week is 12118 and low 11801.2 Weekly Recap After a strong start for the week on Monday trading session where nifty future made New all time high the bulls could not maintain the momentum. Tuesday…

Nifty Trend 06-May-2019

Nifty Trend Analysis For week starting 06 May 2019 Short term trend is sideways with distribution happening at higher range of 11800-11830 (see chart above – Nifty Daily Chart) Bears are using the market rally to go short and bulls are having no strength and conviction to take market higher from this range. Market seems…

Markets – The Road Ahead For Nifty

Nifty -The ROAD AHEAD FOR NIFTY The Bulls Are In Complete Control Nifty future closed the week on a positive note. After a sharp turn around on April expiry session on Thursday. It seemed that bulls have lost control and bears are striking back with a change in trend. Friday bulls surprised back again when…

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…