Markets plunged surpassing their strong support levels as crash in Japanese market and weakness in rupee further negated the sentiments. Nifty future found support at 38.2% retracement at 5950. If it holds below this retracement level then it may soon test the next major support of 5850. While holding above 6000 level can only strengthen […]read more..
Benchmark Indices again traded in corrective manner settling on lower side and exhibiting lower highs and lower lows on daily charts since last three sessions. Nifty future will find its major support around 6060 i.e. 23.6% retracement and reversals may occur from this support range of 6060-6020. If nifty holds above 6155 then it may […]read more..
Markets showed correction for the second consecutive session and settled in red territory closing around its support level. Nifty future on daily charts if holds below the 23.6% retracement of 6060 in the coming sessions then bears may further drag it towards the deeper support of 5990. Any reversals may occur in the range of […]read more..
Markets moved in a consolidated fashion and after hitting fresh highs it dragged in second half and closed marginally in red. Nifty future was unable to test its crucial resistance of 6250 and so still resistance range is seen around 6250-6300. While, if it breaches 6130 level and continues to trade in below the strong […]read more..
Benchmark Indices hold near to their crucial levels last week and is continuing the bull rally and settled on a strong note. Nifty future resisted at 6210 in the previous session while 6150 acted as strong support. On daily charts, higher highs are seen since last four sessions and if it holds above 6210 then […]read more..