Closing Range - 19677/19910. Extended range 1 -19592/19995, Extended range 2 -19477/20110 Nifty closed in green & formed a Bullish Kicker with very high volumes. It also managed to close above the imp level of 19875 & re-enter the uptrending channel again. India Vix rose 7.5% indicating high volatility, which is expected ahead of monthly expiry and exit poll on...
Closing Range - 19677/19910. Extended range 1 -19592/19995, Extended range 2 -19477/20110 Nifty closed in Red with a Spinning Top candle with low volumes. Maybe traders were not in a mood to take bets before the long weekend. Also, Nifty has given close below the upwards trending channel. This info clubbed with Options data indicate Nifty may slide low in coming...
Closing Range - 19656/19909. Extended range 1 - 19565/20000, Extended range 2 -19446/20119 Price has a tendency to converge to Moving averages indicating a down move now. The candle formed is a shooting star when viewed independently but at the same time the pattern is a Bullish Kicker. Mixed signals for now. On the down side, 19600 is a strong support as per...
Wealthe.in Closing Range - 19688/19933. Extended range 1 -19599/20022, Extended range 2 -19494/20127 Nifty formed a Hanging Man candle in the last trading session, indicating price reversal but this will be cconfiirmed only after a confirmation candle in the next session. Falling Vix indicates that downside is limited & if the confirmation to the Hanging Man...
Closing Range - 19684/19919. Extended range 1 -19598/20005, Extended range 2 -19485/20118 Nifty closed in Red with a Shooting Star candle indicating a down movement, but downside looks limited since Vix cooled by about 4.5% & we have multiple supports on the down side. Also, By the time Nifty remains within the upwards trending channel, trades on the long side...