Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 20 April 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 April 2018.
-------------------------------------------------------------------------------------------------------------------
The Nifty50 finally has broken the Lower Top Lower Bottom structure as the index not only surpassed but also closed above the 10,480 resistance zone.
However, after snapping its 9-day winning streak indices resumed its up move on Thursday indicating that bulls are not letting go that easily.
Going forward, the 10,560-10,570 zone is crucial for the bulls, post which 10,630 is going to prove a very strong resistance.Although the momentum is starting to fade slightly, it would be wise to keep riding this uptrend till it bends with a bit of caution.
The 10,480 level which was the immediate previous peak (resistance) for the Nifty would now act as a strong support area for the index.
Bank Nifty, on the other hand, is showing signs of fatigue too. However, there are multiple support levels going forward. The 100-DEMA is around the 25,080 and its 50-DEMA is placed around 25,000 levels.
On the upside, a break above 25,400 would lead to a fresh breakout leading to another round of upswing.
For Quick Trial Contact:
✆ - 09699997717✔
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
0 comments:
Post a Comment