Nifty Analysis

Nifty: It’s been a great week for the Nifty as it crossed the 16000 historical benchmarks and hit the highest point of 16348.5. Friday there was a good gap up opening and hit the highest point of 16336.40 but after that market went slightly toward […]


Banknifty outperformed the benchmark index nifty in the budget week due to favorable announcements in the budget speech for the banking and financial sector. Gaining a whopping 16%, traveling from 30560 all the way up to 35650 on the closing bais for the week ended […]


After a strong uptrend from the past several months, we have seen continuous profit booking in the last six trading sessions that dragged the benchmark index nifty lower by 737 points(-5%) on a weekly scale. Long bearish candle after indecision candles on the top suggests […]