NSE Nifty technical analysis and trading stratergy Part -I
Nifty and Sensex continued with there consolidation phase, positive takeaway from last week’s movement is that the Sensex is holding above 19,000 and the Nifty continues above 5,825
which gives bullish touch this phase of consolidation. Another
positive which can be taken from the last week trading activity is full
subscription of NMDC FPO with out much LIC help and full subscription
of Bharti Infratel IPO.Not much satisfaction can be derived from the
sharp increase in October industrial production numbers since it is
mainly due to the low base last year. While consumer price inflation
continued to be high, there was slight moderation in the Wholesale Price
Inflation. Nifty F&O analysis is showing a bullish picture Lets discuss Nifty Trading Strategy for Next week.
Nifty continues to trade below the important ...
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Nifty Hourly Chart
Nifty continues to trade below the important ...
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Labels: analysis trading, analysis with trading, technical analyses, technical analysis techniques