Monday, 2 April 2018


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The Nifty ended the March series on a weak note, down 2.6 percent on the last trading day on the week. The index closed below its crucial 200-days exponential moving average (DEMA) and formed a small bearish candle on the daily candlestick charts.

The Nifty future closed the March series with the loss of 2.6 percent. It closed lower by 200 points from its VWAP. The Nifty Future has seen rollover of around 66 percent on provisional basis compare to 62.34 percent rollover seen in the last series.

The index which opened at 10,143.60 rose to an intraday high of 10,158.35. It slipped below 10,100 levels to hit an intraday low of 10,096 to close the day at 10,113 down 70 points on Wednesday.

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