Benchmark Indices were able to maintain on higher levels for the second consecutive session and settled on a strong note indicating strength further. Nifty future closed above 6100 and positive momentum is still expected to continue where 6160 will act as strong resistance from where certain correction may happen. However, 6060 will act as intraday […]read more..
Benchmark Indices showed strength from the start of the session and were able to maintain on higher levels as they closed on a strong note. Nifty future resisted around 6030 in the intraday and gave a positive breakout above this mark towards 6100. If it maintains above the immediate resistance of 6130 then it may […]read more..
Markets continued its losing streak but were able to recover in the second half of session and settled on a flat note below their strong support levels. Nifty future is finding its major support at 5930 on daily charts surpassing which further bearishness may drag it towards the next important support of 5860. While resistance […]read more..
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..