Nifty Weekly Technical View
Nifty Hourly
It was a roller coaster Ride for the week which was highly volatile and if you were on Right side would have minted money.
At the end of the roller coaster week, the benchmark finally ended at 5581, losing 1.4% over the week, breaking the 3-week rising streak.
On Hourly Chart Nifty forming a triangle with upside limit at 5610 and lower side limit at 5562.
Nifty Daily
On daily chart Nifty has given a false breakout at 5720 and unable to cross above 5610 which is the breakout level. Sustaining below a crucial …
Read the full story »
It was a roller coaster Ride for the week which was highly volatile and if you were on Right side would have minted money.
At the end of the roller coaster week, the benchmark finally ended at 5581, losing 1.4% over the week, breaking the 3-week rising streak.
On Hourly Chart Nifty forming a triangle with upside limit at 5610 and lower side limit at 5562.
Nifty Daily
On daily chart Nifty has given a false breakout at 5720 and unable to cross above 5610 which is the breakout level. Sustaining below a crucial …
Read the full story »
posted by Bramesh at
5:45 PM
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