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NIFTY trend 15/2/19- 8:45 AM

Nifty closed at 10746 which is below its opening price of 10786. Now NIFTY which already in oversold zone will try to move upward while it should sustain above 10784 followed by 10793 for a couple of hours to maintain its uptrend. Else it may drag down and will form one more bottom. NIFTY may …

NIFTY trend 14/2/19- 8:45 AM

Nifty closed below 45 DMA yesterday which is negative.NIFTY may open negative. Nifty has to sustain and consolidate above 10836 to change trend upward and move upward. NIFTY Resistance- 10866.23, 10938.77 NIFTY PP- 10819.17 NIFTY Support- 10746.63, 10699.57 BN Resistance- 27049.23, 27213.07 BN PP- 26944.17 BN Support- 26780.33, 26675.27 Results today: Oil & Natural Gas …

NIFTY trend 13/2/19- 8:45 AM

It was 4th day NIFTY had continued to closed in red. NIFTY may open flat and will try to bounce from this level. We may see pullback rally from this level in the coming days. NIFTY Resistance- 10886.93, 10942.47 NIFTY PP: 10855.37 NIFTY Support- 10799.83, 10768.27 BN Resistance- 27202.04, 27393.27 BN PP: 27095.47 BN Support- …

NIFTY trend 12/2/19- 8:45 AM

NIFTY has continued to form one more bearish candle on daily charts. It gave closing at 10888 level, below its opening level of 10930.NIFTY may open flat with a negative bias. In second half NIFTY may bounce up. NIFTY Resistance- 10927.43, 10966.07 NIFTY PP: 10892.27 NIFTY Support- 10853.63, 10818.47 BN Resistance- 27305.26, 27382.73 BN PP: …

NIFTY trend 11/2/19- 8:45 AM

NIFTY has formed a bearish candle on daily charts. It gave closing below 11000 level below its opening level of 11023. NIFTY is under overbought zone and the selling pressure may continue unless it crosses its high of 11041 on upside. NIFTY may open gap down and later may move flat sideways. NIFTY Resistance- 11014.7, …

NIFTY trend 8/2/19- 8:45 AM

NIFTY has formed a doji candle on the daily charts. Traders preferred profit booking and NIFTY closed around the same level where it was open.Technically NIFTY is under overbought zone and has limited space on the upside.NIFTY will give flat negative opening. If selling pressure continues today, then the market may go down. Results today: …

NIFTY trend 7/2/19- 8:45 AM

Finally the day had arrived when NIFTY breached 11000 level yesterday. Today some profit booking is expected in the initial hours.NIFTY is under overbought zone on mini time interval. Today is weekly expiry of Bank NIFTY index, it will react as per outcome of RBI monetary policy..NIFTY will give negative opening . Results today: Tata …

NIFTY trend 6/2/19- 8:45 AM

NIFTY closed positively and has formed bullish candle on the fourth consecutive day, it may touch level of 11000 Today. Technical indicators are showing uptrend today.NIFTY will give gap up opening . Results today: JSW Steel, Siemens, Cipla, Lupin, Adani Ports, Adani Power, Allahabad Bank, IGL, Punj Lloyd, CG Power, PTC India, VenkysBig News: Axis …

NIFTY trend 5/2/19- 8:45 AM

NIFTY closed positively yesterday at the level of 10912 forming a bullish candle on daily chart, however, it should sustain above 10987 for moving further. As per the previous observations NIFTY is unable to hold above 10900 so trading should be done cautiously.Fall in rupee and slight rise seen in crude oil prices could weigh …

NIFTY trend 4/2/19- 8:45 AM

NIFTY reacted positively to the budget and has formed bullish candle on daily chart. It should break 10987 level to move upwards else it may slip downwards. NIFTY may open flat negative. NIFTY Resistance- 10980.3, 11066.9NIFTY Support- 10810.3, 10726.9 Results today: Coal India (Buy Back), IDBI Bank, IRB Infrastructure, Indian Overseas Bank and Exide Industries.Aban …