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..
Markets ended the choppy session on negative note on account of disappointing Infy results and IIP nos.Nifty future traded on lower side in the last week and could not hold near 5600 as well as increase in open interest is also indicating selling pressure in the coming sessions. Major support is seen around 5480 surpassing which […]read more..