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 ANALYSIS

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 […]

NIFTY ANALYSIS

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 […]

Nifty analysis

Nifty is holding strong till now. The strength it shows from its recent low i.e. 10790 looks like it will try to touch its previous high i.e. 12400 where it will face the resistance. For the downside move, it will find support at 10700, 10520(200 […]