Nifty open in green
with the support of
positive overall
cues. However, the traded
rather volatile in
current session,
when it broke yesterday
nadir of 4833, but bounced
back. The
index has a
positive close daily
After six days of
consecutive lower lows,
signaling that there is
probability
of a pullback in wave iv
up which will be 23.6 --
38.2%
retracement of the decline
5293 to 4825. The
volumes
increasing days
days with falling prices,
clear
shows that
trend is reversed.
Although a pullback
expected, we reserve
Our bias as it will
Just one
dead cat bounce after
that wave V is
result, which
Nifty below will
4825 level
with the support of
positive overall
cues. However, the traded
rather volatile in
current session,
when it broke yesterday
nadir of 4833, but bounced
back. The
index has a
positive close daily
After six days of
consecutive lower lows,
signaling that there is
probability
of a pullback in wave iv
up which will be 23.6 --
38.2%
retracement of the decline
5293 to 4825. The
volumes
increasing days
days with falling prices,
clear
shows that
trend is reversed.
Although a pullback
expected, we reserve
Our bias as it will
Just one
dead cat bounce after
that wave V is
result, which
Nifty below will
4825 level
No comments:
Post a Comment