Nifty Weekly Technical View
Nifty Monthly Chart
Nifty marched nonstop from 5,640 to 5,900 and as can be seen from monthly chart it has seen a fresh breakout on monthly charts.Its a blowout rally which is flaring out.Uptrend is expected to continue and volatility may be the order of the day for some more time and hence the investors are suggested to trade cautiously.
Nifty Weekly Charts
On Weekly charts we have risen almost 10% in 2 weeks ,hence a possibility of a running correction is always there and should be used to buy on dips.5740 was …
Read the full story »
Nifty marched nonstop from 5,640 to 5,900 and as can be seen from monthly chart it has seen a fresh breakout on monthly charts.Its a blowout rally which is flaring out.Uptrend is expected to continue and volatility may be the order of the day for some more time and hence the investors are suggested to trade cautiously.
Nifty Weekly Charts
On Weekly charts we have risen almost 10% in 2 weeks ,hence a possibility of a running correction is always there and should be used to buy on dips.5740 was …
Read the full story »
posted by Bramesh at
8:07 AM
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