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Monday Market opened with gap on downside. It then tried to cross 5050 on Nifty but failed. The short term downtrend has started today. Global markets are in medium term down trend. High chances of market testing & breaking 4900. Long term indicators not supporting the medium term uptrend of Nifty. Market Breadth : 0.20 [...]
Tags: medium term trend, medium term trend of stocks
Posted in Daily Updates | Comments »
Monday Market opened with gap on downside. It then tried to cross 5050 on Nifty but failed. The short term downtrend has started today. Global markets are in medium term down trend. High chances of market testing & breaking 4900. Long term indicators not supporting the medium term uptrend of Nifty. Market Breadth : 0.20 [...]
Tags: Daily Nifty Analysis, downtrend, medium term trend, medium term trend of stocks, Nifty, Nifty 50, nifty resistance, nifty support, Nifty target, technical analysis of nifty
Posted in Daily Updates | Comments »