NIFTY Daily Chart Technical Analysis:
NIFTY today had a fall again. I was expecting this to happen next week but it happened a day sooner.
Close & CMP: 5459
Market Outlook:
The index reversed today after 5 days of rise.
Technical Indicators:
The momentum showed a slow down today as compared to the previous days and a bearish engulfing candlestick pattern was formed. Both negative signal. But the weekly chart momentum has recently shown a rise which is a conflicting signal. Let's wait a day or two for the final decision on which way this is headed.
NIFTY Daily Chart Technical Analysis
NIFTY HAS BROKEN 5320 WHAT NEXT?
ReplyDeleteHi Manivas,
ReplyDeleteI have uploaded the chart for EOD 24 Feb with the further expectations. Check out today's post.
Thanks!