Nifty Weekly Technical Analysis for June F&O Expiry
Fears About Fed Tapering Have Sent Markets Into A Tail Spin and there
are a financial rout around the globe. Equities,Bonds, Commodities and
Currencies all went into tail spin. Bonds saw the biggest correction in 50 Years,
Thats the kind of power is Held by US Fed Ben Bernanke. Indian market
was not an exception to the widespread bloodbath and nifty fall down
almost 2.9% and made a low around 5616 and finally settled at 5667.
Last week we gave Trend Deciding level as 5830 Nifty achieved 3 weekly targets on downside.
Nifty Hourly charts is taking resistance at 21 HSMA, and trading in perfect down trending channel.Range of 5550-5605 is...
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Last week we gave Trend Deciding level as 5830 Nifty achieved 3 weekly targets on downside.
Nifty Hourly Chart
Nifty Hourly charts is taking resistance at 21 HSMA, and trading in perfect down trending channel.Range of 5550-5605 is...
Continue Reading
posted by Bramesh at
8:55 AM
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