Technical Analysis and Research of EOD chart,Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 2 Charts therefore not being repeated:-
4720 Survival Today will Decide Next Long Moves & Trend
Global markets are melting and Asian markets are .50% to 4.35% down today morning. Sign of relief for Indian markets is that SGX Nifty is not showing such big fall and .65% down at this monebt. Fist conclusion will be drawn from that point where Indian markets stabilise after weak opening today.
4860 will be watched first today and slipping below it will mean more down moves and sustaining above 4912 will mean survival of crucial support within which Nifty closed yesterday.
Let market find its lowest in Global crashing markets then final conclusion after fresh base formation and intraday trading patterns.
4720 Survival Today will Decide Next Long Moves & Trend
Global markets are melting and Asian markets are .50% to 4.35% down today morning. Sign of relief for Indian markets is that SGX Nifty is not showing such big fall and .65% down at this monebt. Fist conclusion will be drawn from that point where Indian markets stabilise after weak opening today.
4860 will be watched first today and slipping below it will mean more down moves and sustaining above 4912 will mean survival of crucial support within which Nifty closed yesterday.
Let market find its lowest in Global crashing markets then final conclusion after fresh base formation and intraday trading patterns.