Nifty Weekly Analysis for Week 14-18 Feb
15 Mins Chart
Nifty 15 Mins shows break of the 5270 in in 15 mins chart and market rallying to 5300 after touching a low of 5177. Rally was like it happened before Month when IIP data came bad and than nifty reacted in downside making a new low.Trapping shorters and than a rally.
Market always move in direction which causes pain to maximum people
Nifty Hourly Chart
Nifty hourly chart with trendline resistance is show joining to highs and now next high comes at 5370 which coincidentally is 10 DMA.
Closing above 5370 it …
Read the full story »
Nifty 15 Mins shows break of the 5270 in in 15 mins chart and market rallying to 5300 after touching a low of 5177. Rally was like it happened before Month when IIP data came bad and than nifty reacted in downside making a new low.Trapping shorters and than a rally.
Market always move in direction which causes pain to maximum people
Nifty Hourly Chart
Nifty hourly chart with trendline resistance is show joining to highs and now next high comes at 5370 which coincidentally is 10 DMA.
Closing above 5370 it …
Read the full story »
posted by Bramesh at
9:32 PM
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