Nifty Technicals for 24 Feb Expiry Week
Nifty Hourly Chart
Next week is expiry and accept lots of volatility in Nifty.Nifty expired at 5604 in Jan contract and any close above it in next week will make things bad for bear camp because of simple reason Bears will start coming into loss and Bulls even if gave a liitle bit of support above 200 DMA@5635 Nifty will just move up on short covering.
Nifty Hourly chart at last showed some cooling off in indicators thanks to rumors floating around in market from morning.I have dram the treanlines in hourly …
Read the full story »
Next week is expiry and accept lots of volatility in Nifty.Nifty expired at 5604 in Jan contract and any close above it in next week will make things bad for bear camp because of simple reason Bears will start coming into loss and Bulls even if gave a liitle bit of support above 200 DMA@5635 Nifty will just move up on short covering.
Nifty Hourly chart at last showed some cooling off in indicators thanks to rumors floating around in market from morning.I have dram the treanlines in hourly …
Read the full story »
posted by Bramesh at
4:36 PM
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