Reliance and HDFC twins did quite well today, helping Nifty end the day +450 points. Banks were strong too. IT continues to be sluggish, but let's see what's in store. What's your view?
In the daily chart the stock is trading within a channel and making higher high, higher low formation.
The stock is trading near resistance zone and breaking above recent high will take it up to 3000 followed by 3200.
On the flip side 2750 is breakout support zone. Closing below this level will trigger profit booking and maximum potential fall can be up to...
IT stocks sold off and dragged Nifty below 16k yet again. In fact, all sectors were very negative except FMCG which was saved by ITC. What's your view?
Reliance and Infy put some bearish pressure on the indices in the second half. 16,400 has been rejected, SGX is trading negative and futures are in backwardation, too. What's your view?
Bulls finally breathed a sigh of relief as the market opened gap up and continued the day with bullish momentum. One warm day does not make it summer, so I feel it's important to remain cautious and not get too excited. What's your view?
Nifty will give best buying opportunity as chart shows....ready with capital to make profit ....
also like share and follow my profile for more accurate ideas.
thank you !
It was Reliance vs Infosys for yet another day today. The bears seem to have a good grip on the market, but the intraday price action did seem to favour the bulls. What's your view?
The market fell quite sharply, forming a spinning top on EOD basis. Where do you think it could be headed from here? Will NSE:RELIANCE results and US markets impact Monday's price action?
Nifty seems to crash in coming days are we near the inflation from now !! Seems like some big move in the market in coming days be ready !! Pack the bags or Pack your bags !!! 16800 shall be major support
The markets concluded the week on an indecisive note this time around as well. Axis Bank results, while not disappointing, still disappointed the markets. Kotak Bank was an unexpected performer.
