Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 20 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 20 March 2018.
--------------------------------------------------------------------------------------------------------------------------------
“Nifty may see some buying on dips around dual support zone placed around 10,030 and 10,000” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.The Nifty previous day ended 0.99 percent down at 10,094.25. It reacted down sharply from day’s high 10224.55 towards ending the session below the 200 daily EMA placed around 10110.
Ending the session with a bearish candle suggests, Nifty may challenge prolonged upward trending channel support placed around 10,000 levels. December 6, 2017 bullish reversal point placed around 10,030 is also a critical support.
Broader chart pattern suggests, Nifty pull back from the critical dual support zone of 10,030 to 10,000 is likely. Hence, aggressive short selling is certainly not advised at this juncture. Rather traders and investors may look for some oversold quality blue chip stocks for the purpose of long-term portfolio formation. Upside resistances are placed around 10,190 and 10,230.
For Quick Trial Contact:
✆ - 09699997717✔
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)
✆ - 0731-6626222 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
0 comments:
Post a Comment