Nifty Daily View 8th May 2020

The market has narrowed the trading range. The strategy should be to buy if it corrects to 9250/9260 with a final stop loss at 9150. On the higher side, resistance exists at 9300 and at 9350. Below the level of 9150, Nifty may slide to 9100-9080 levels.

Nifty Daily View 7th May 2020

The market has formed the Doji Star formation at the bottom of the recent fall. Till the market is not crossing the level of 9350, it would act as a negative continuation formation. However, in todays date if we see the Nifty is crossing 9275 then the possibilities to hit Read more…