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Monday market has crossed 4855 on Nifty on closing basis. Medium term trend of market is UP now. Bank Stocks were strongest today. Global market trend was up during Indian market hours. . Expect big moves in coming days. - - Market Breadth : 5.50 Market Trends : Short term trend of market is Up. Medium term trend is Up. Medium term [...]
Tags: breakout stocks, characteristics of trend, Daily Nifty Analysis, Global market, market breadth analysis, medium term trend, medium term trend of stocks, nifty resistance, nifty support, stock market, technical analysis of nifty, technical trend, trading range, trading strategies, Trading tips
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Friday market was opened with bullish gap. As mentioned yestearday the market tried to test 4855 zone on Nifty. Support 4780 on NIfty. High volatility. Global market trend was up during Indian market hours. Indian market was the strongest one today. Two Possibilities : 1. Nifty will fail to cross 4855 & medium term down trend will resume. 2. Nifty will cross 4855 to test previous [...]
Tags: technical trend
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