Nifty Weekly Chart Analysis for Week Beginning 03 September
GAAR panel draft report came up yesterday and the changes proposed by
Shome panel are market friendly. Read the report by clicking on the link.
Fed chairman at Jack Holes did not disappointed the market by saying QE 3 on cards but did not announced at Jack's Hole meeting. Read the Fed speech by clicking on the link
Indian market GDP came in better than expected at 5.5% so rate cut hope have again diminished. Nifty after 4 week of rise was down 2.4% WoW basis. Whats in store for next week lets jump and see the Nifty technical outlook
Nifty hourly charts is seen the convergence of three trend lines and close below the 50 Hour SMA.Positive divergence has started emerging in Hourly charts, close above 5265 on hourly basis...
Read the Full Story
Fed chairman at Jack Holes did not disappointed the market by saying QE 3 on cards but did not announced at Jack's Hole meeting. Read the Fed speech by clicking on the link
Indian market GDP came in better than expected at 5.5% so rate cut hope have again diminished. Nifty after 4 week of rise was down 2.4% WoW basis. Whats in store for next week lets jump and see the Nifty technical outlook
Nifty Hourly Chart
Nifty hourly charts is seen the convergence of three trend lines and close below the 50 Hour SMA.Positive divergence has started emerging in Hourly charts, close above 5265 on hourly basis...
Read the Full Story
posted by Bramesh at
11:01 AM
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