Nifty Daily and Bank Nifty Daily Chart Technical Analysis

Nifty Nifty as  discussed yesterday has taken support at trendline support and formed a double bottom at 5217. Now trend is Sell on Rise till 5331 is not broken. SGX Nifty is suggesting a gap up opening till 5283-5295 is not broken in hourly basis trade with caution on long side for intraday. Buy above … Read more Nifty Daily and Bank Nifty Daily Chart Technical Analysis

Nifty Weekly Technical Analysis for Week Beginning 15 July

As per Last Week Analysis Nifty made low of 5217 and High of 5349 as we discussed, Nifty has been grinding in a range of 5217-5249 for whole week, this is what happens when we have month of consolidation. Nifty Futures intraday players are having difficult time as nothing is happening,grinding in 20-30 points range. … Read more Nifty Weekly Technical Analysis for Week Beginning 15 July