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Time to wait for clear signals
Investors need to watch whether Monday’s bounce will sustain or fizzle out soon; India VIX rose 11.52% and closed at 20.60; It tested highest level...
Nifty forms an inside bar
As the weekend is approaching, it is better to have a reduced position size, the index is forming a bearish engulfing candle on a weekly chart
Nifty forms Dark Cloud Cover candle
The volumes were almost equal to the previous day; Benchmark index closed near the prior base support of 21,500 pts
Consolidation in 20,222-20,319 zone likely
Nifty may test recent breakout level of 20,222 pts; The 50% retracement level of last 9-week upside move is at 20,319 pts
Nifty hovering in consolidation mode
Nifty closed above the three-day high and negated the Evening Star implications
