Nifty Weekly Outlook for 2-6 Sep trading
Last Week was the most volatile week in recent trading history with
Nifty swinging wildly in range of 750 points and ending the week on flat
note. Nifty was falling Against the backdrop of a falling rupee, FII
selling and the passage of food security bill in the Parliament
accentuated the selling pressure.
GDP growth dived to a four-year low of 4.4 per cent in the April-June quarter of 2013-14, against 4.8 per cent in the fourth quarter of the previous financial year. INR touched an all-time low of Rs68.75 to the dollar and Petrol and Diesel prices raised from today.
US markets will be closed on Monday for the Labor Day holiday
Last week we gave Trend Deciding level as 5508 Nifty Nifty achieved all 3 target on downside :).Lets analyze how to trade Nifty in Expiry Week.
Nifty Hourly charts is trading in perfect..
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GDP growth dived to a four-year low of 4.4 per cent in the April-June quarter of 2013-14, against 4.8 per cent in the fourth quarter of the previous financial year. INR touched an all-time low of Rs68.75 to the dollar and Petrol and Diesel prices raised from today.
US markets will be closed on Monday for the Labor Day holiday
Last week we gave Trend Deciding level as 5508 Nifty Nifty achieved all 3 target on downside :).Lets analyze how to trade Nifty in Expiry Week.
Nifty Hourly Chart
Nifty Hourly charts is trading in perfect..
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