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Fresh bullish signal on Nifty chart
Even though it declined below the 8EMA at the opening, it recovered sharply and erased all the negatives
Indices below 50DMA indicating bearish sign
In just 3 days, the benchmark index erased 62% of the pre-budget rally
Equity settles low; Nifty realty, PSU bank, media, auto in red
India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- settled marginally in the red on Friday due to continued profit booking...
See-saw momentum till the Budget
The broader market resumed its downward movement on a very high volatile day.
Price action in 16700-17000 zone will indicate future trend
In fact, the volume is lesser than Monday, and the Open Interest also declined on a 156 pts gain day
Banking services take a hit
20.4 lakh cheques worth Rs18,600 cr could not be transacted on Thursday as 7 lakh PSU bank employees go on 2-day strike against privatization
Nifty gains amid high volatility
On highly volatile day, the Nifty closed with modest gains and was able to close above the 17000 level. On a buying and selling, the Nifty was able to...
Nifty may continue in positive mode for next 3 mths
Finally, the five-week winning streak ended. The week ended on a negative note, along with the global markets.
