Markets after showing choppy movements for the whole session ended flat but maintained its positive bias. Nifty future found its intraday support around 5800 and reversed towards the immediate resistance of 5850. F&O Expiry will affect the volatility where 5870-5900 will act as strict resistance and closing around these levels will strengthen the bulls further. […]read more..
Equity benchmarks continued to rally higher crossing all their resistance levels and closed on a strong note. Nifty future on daily charts maintained above its 100 day EMA for the whole session and will now face stiff resistance around 5870 which is coming near to trend line from recent highs. Closing above 5870 will ignite […]read more..
Markets after opening on a subdued note resisted around their crucial levels and dropped towards their support with weak European opening. Nifty future took strict resistance of 5740 and dragged towards support of 5660. As it is not able to sustain on higher side, it may further weaken if it sustains below 5620 for the […]read more..
Benchmark Indices opened on a positive note and moved with positive bias with sound volumes for the whole session and settled near to their crucial resistance level. Nifty future has given a positive breakout of the consolidation range and now may face stiff resistance of 100 day EMA of 5775 ahead where reversal can be […]read more..
Markets bounced back from lower levels after Inflation data fell unexpectedly below 6% and closed on a positive note. Nifty future is consolidating in the range of 5620-5480 since last few sessions on daily charts. Hence, it needs to give a proper breakout on either side to decide the trend further. If it is able […]read more..