Nifty Daily View 6th May 2020

On Tuesday, after rising for six weeks, consecutively, Nifty broke the lowest level of the previous week, which was at 9250 (Bank Nifty at 19840). It is negative for the market in the medium term. Nifty is having support at 9000. Daily and Intraday traders should work by buying Nifty Read more…

Nifty View 30 SEP 2019

Nifty Weekly View: Nifty closed below 11539, which is an indication of weak markets and may result in gradual decline towards 11400 with a major support at 11450. Below 11400, it would fall to 11300, which is 38.20% retracement of the entire rise from 10670 to 11694. If markets are Read more…

Nifty View 27th Mar 2019

Nifty Spot View: In the first half of the trading session, the market remained weak, it was mainly due to it failed to fill bearish gap between 11395 and 11434. However, in the second half, the market has squeezed short sellers as soon as Nifty has registered one more peak. Read more…