NSE India Nifty Trend Analysis -26 Nov 2012 Part -I

The market was buffeted by strong gusts of news-flow last week from political drama. First Mamata Di's no confidence motion kept traders on edge and disruption and no functioning of parliament was a double blow to market sentiments.With a slew of bills on economic reforms slated for passage in the winter session, such adjournments are not likely to go down well with either domestic or foreign investors. Also an important development with SEBI discontinuing mini nifty futures from January 2013.
Next week is truncated week with Index Future Expiry for November series and Trading Holiday on 28 Nov.Lets discuss Nifty Trading Strategy for Futures expiry week.

 Nifty Hourly Chart

Nifty Hourly charts  is trading in the range...

Continue Reading