Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 8 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 8 May 2018.
---------------------------------------------------------------------------------------------------------------
The Nifty, which started with a gap on the higher side, reclaimed its crucial resistance level of 10,700 on Monday to close near its intraday high making a strong bullish candle on the daily candlestick charts.
The Nifty finally negated formation of lower highs and lower lows formation on a daily scale which means buying was witnessed at lower levels. The index which opened at 10,653.15 rose to an intraday high of 10,725.65. It slipped to an intraday low of 10,635.65 to close at 10,715.50, up 97.25 or nearly 1 percent.
“Bulls appear to have made a strong come back as Nifty registered a solid bullish candle after testing the critical support levels of 10,600 in last Friday’s session. This up move not only negated bearish formations registered last week but also appears to have resumed fresh leg of the upswing from recent lows of 10,601,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in, told Moneycontrol.
India VIX moved up by 2.94 percent at 13.64. On the options front, maximum Put OI is placed at 10,500 followed by 10,600 strikes while maximum Call OI is placed at 11,000 followed by 10,800 strikes.
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