Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 14 March 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 14 March 2018.
--------------------------------------------------------------------------------------------------------------------------------
"Nifty may continue to trade on the weaker side as long it trades below 10,470, which may give a pause in the current positive momentum. In such case, Nifty probable trading band is expected to be 10,470 to 10,370," says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.The Nifty yesterday ended 0.05 percent up at 10,426.85. Early morning recovery from day’s low failed to sustain above 10,470, day’s high was 10,478.60, as discussed in our previous post. 30 daily EMA placed around 10,470 may continue to act as the immediate critical resistance in coming sessions too. Closing off day’s low led to an inverted hammer candle, which implies Nifty may again get into a trading band.
Further, Nifty has to breakout 30 daily EMA resistance placed around 10,480 to initiate next leg of up-move. Down side supports are placed around 10,370 and 10,330. Also, market is likely to manifest uneven volatility due to unpredictable domestic cues. Hence, cautious trading is advised.
On the Nifty hourly chart; upswing found resistance around 200 hourly EMA placed around 10,470. 100 hourly EMA placed around 10,390 restricted today’s fall. However, recovery in the last hour of trade led a closing above 100 hourly EMA is pointing towards probable trading band of 10,470 to 10,370.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626222 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
0 comments:
Post a Comment