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Watch Nifty Chart at the end of this column. Nifty is in the 5950 to 6000 region , which is important supply zone. Traders can watch 5940 as support on Nifty tomorrow. Some stocks might face selling pressure tomorrow. There are high chances of fresh intermediate up trend. Nifty’s short term trend is up. Nifty’s Intermediate [...]
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SEE Nifty Chart is at the end of this column. 12:38 IST Tuesday : Watch 6030 on Nifty , weakness will continue bellow it. Nifty has given vulnerable closing last week. Now onwards profit on Investments might start evaporating . Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate [...]
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Click To ENLARGE Nifty Chart Free Nifty Technicals Nifty is on the verge of starting fresh intermediate downtrend. 5370 is important support level for Nifty & exit trigger for investors. Watch 5470. Market Breadth: 1.50 Nifty short term trend is down. Nifty Intermediate trend is up. ***(No. of Stocks in short term up trend) – [...]
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Observations: Nifty stuck in the range of 5200-5270. Short term trend is up now. Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively. Sharp moves possible. Protect Gains. Protect Capital. Market Technicals: Market Breadth : 1.50 Market Trends : Short term trend of market is up. Intermediate trend is [...]
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