Showing posts with label nifty outlook for 20 march. Show all posts
Showing posts with label nifty outlook for 20 march. Show all posts

Saturday, March 18, 2017

NIFTY WEEKLY REPORT FOR 20 MARCH TO 24 MARCH 2017

TO GET 2 DAYS FREE TRIAL FILL UP THE FORM GIVEN HERE>>>>>>
WEEKLY RESISTANCE FOR NIFTY: 9180, 9204, 9230, 9255
PIVOT POINT: 9150
WEEKLY SUPPORT FOR NIFTY :  8980,8890,8840,8780
WEEKLY CHAT FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 9220, 9255,9263,9300
PIVOT POINT: 9180
DAILY SUPPORT FOR NIFTY :  9150, 9120, 9080,9050
DAILY CHART FOR NIFTY
Sensex opened the week at 29437, made a high of 29824, low of 29356 and closed the week at 29648. Thus it closed the week with a gain of 702 points. At the same time the Nifty opened the week at 9091, made a high of 9218, low of 9060 and closed the week at 9160. Thus the Nifty closed the week with a gain of 226 points.
ONCE AGAIN ITS MODI.
After undergoing a consolidation for 7 years from 2007 to 2014, market needed the Modi Touch to break the resistances and head higher. In the present scenario, the market was under consolidation for around 2 years from 2015 to 2017 and once again, it required the Modi Push to break free. As a result, the indices have given a bullish breakout and are now headed towards medium term target of Sensex 34677-34715 and Nifty 10462-10536.On the daily charts, both the indices have formed a small black body candle, but it is not a bearish formation. On the weekly charts, both Sensex and Nifty have formed a real White body candle after a big upward Gap. Thus both daily as well as weekly candlestick formations are suggesting a bullish bias in the near term.

Wednesday, March 19, 2014

VOLATILE MARKET TODAY & TOMORROW

Buy Nifty Future March @ 6560-6561 tgt 6593,6623 sl 6528
Today Trading started on an upbeat note. Volatility was seen in the market … Nifty, scaling their record highs in morning trade.nifty today closed at 6550.. Nifty started with 6,563 made a high of 6,573 and low of 6,531.today Nifty future moved in a range of 42 points throughout the day. we expecting a very good trading session  for tomorrow.. Nifty future trend will continue upside only if sustains above 6600  with volumes, definitely some profit booking also lies on cards which can take market back to its comfortable zone of 6610-6640.