Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 16 oct 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 16 oct 2018
---------------------------------------------------------------------------------------------------------
Equities may see a mixed start amid lower close on the US markets and rising Asian indices. Higher crude oil prices could also weigh on benchmarks. Trends on SGX Nifty currently indicate a higher opening for the market here.
The market managed to extend Friday's gains and closed higher on Monday after a roller-coaster ride. The late buying by the bulls pushed the Nifty to close above psychological 10,500 levels which resulted in a 'Dragonfly Doji' type of pattern on the daily candlestick charts on Monday which also resembles a 'Hammer' like formation.
The Nifty50, after opening higher at 10,524.20 traded rangebound for the major part of the session but gained strength in late trade to close 40 points higher at 10,512.50.
A Dragonfly Doji pattern signals indecision among traders but it also points to the fact that bulls managed to bring the index towards the opening level. The index has to clear its immediate hurdle of 10,547 for the bullish sentiment to continue.
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