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Nifty (approx close 9964.55 ): Nifty achieved the psychological 10000 mark in today’s trading and market drifted down due to profit booking during the day. Again Nifty closed near 5 hour moving average which is presently at 9963.2. Hourly technical:...
Nifty (close approx. 9966.4): Nifty opened gap up today above 9930 resistance zone and eventually, moved higher. We had discussed this possibility in our Saturday’s report (possible theme, Nifty technical table). Hourly technical: The Nifty opened gap up at 9936.70...
Nifty (weekly close approx. 9665.8): Last week’s technical: After taking support from 50 day moving average the previous week. Nifty direction was mostly up during last week while volume was low. The market steadily drifted towards previous high of 9709...
WTI (Close approx. 44.23): WTI crude continued the uptrend on Monday. The Tuesday it formed a doji candlestick pattern in daily chart (below) and oil sold off sharply on Wednesday from approx. 50 day moving average and a fresh downtrend...
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