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Trend continues to stay intact
Possible range-bound consolidation; A decisive large bar with a higher volume above the zone will result in a sustainable rally towards 23,150
Nifty forms Morning Star candle
It the counter continues for another 2 days, the benchmark index can test 19,344 points; If Morning Star gets confirmation, it will test the...
Stay away from building new positions
The hourly RSI and MACD are now in the bearish zone
It’s better to avoid taking long positions now
As VIX is also rising, there may be some wild moves on the downside
Mkts losing steam amid weak global cues
After a fall of 6.85% the pullback is normal; The target for the present correction is around 18,525 points in the near term, which is a 50%...
D-st jitters: Nifty may enter counter-trend consolidation
Fall of over 5% in just 6 days is impulsive; It may retrace at least 38.2% of the current fall, which means the benchmark index may bounce back...
Nifty hovering in consolidation mode
Nifty closed above the three-day high and negated the Evening Star implications
Caution alert on leveraged positions
RSI is still in the neutral zone and failed to move above 60 during the pullback phase; The MACD on the zero line does not show any strong momentum on...
