Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 22 May 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 22 May 2018.
---------------------------------------------------------------------------------------------------------------
The Nifty ended the previous session 0.75 percent lower at 10,516.70. It fell from its day's high of 10,621.70 and ended closer to the 10,500 mark. For the second consecutive session, it ended below its 30-day EMA on the daily charts, placed at around 10,610.
A close below 10,560 with a bearish candle on the charts suggests the index may continue facing resistance around 10,560 and 10,630. So, the benchmark index is likely to test 10,500 once again. If it falls below 10,500, there is an increased possibility of it moving further down towards 10,420.
On the hourly chart, the Nifty continues trading below its 200-day EMA placed at around 10,620. However, the relative strength index has already reached the oversold zone, which may cause an intraday pullback towards 10,560 and 10,630.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free).
0 comments:
Post a Comment