Nifty still continues its weakness below the cloud on the 90 min chart. Cloud resistance comes near to 5650-5670 zone.
Related Readings and Observations
- Nifty and Bank Nifty July Futures Outlook It is interesting to note that DII's are relentlessly buying the equity market right from 12th June 2015 despite Greece Exit fears, Global Meltdown and Indian Market seems to be resilient […]
- Nifty Bouncing Back from the Bottom Again? Nifty futures tested a low of 8001.1 on tuesday follow by a recovery very next day. The hourly timeframe in both nifty futures and bank nifty futures turned to buy mode in the second half […]
- Nifty Future Observation 18 May 2015 What a volatility, Nifty is making 100 points up and 100 points down move just like that. Nifty closed the session on friday at 8261.20 after making the intraday high of 8296. week ahead […]
- Nifty Weekly Observation 11th May 2015 Nifty future closed the week at 8210.55 after making the intraday high of 8247.Volatility continues to be high in the past week after bears fully controlled the whole april series. The […]