Post Market Update

Post Market Update 22-02-2024

Nifty Finds Support, Rallies Towards New Highs! Nifty Futures Chart The market remained highly volatile due to the weekly expiry of Nifty options. On the lower end, it found support at the 21EMA before rallying towards higher levels. The momentum indicator has experienced a bullish crossover.Overall sentiment has turned positive once again, with the potential to […]

Post Market Update 22-02-2024 Read More »

Post Market Update 21-02-2024

Nifty Momentum Wanes: Post-Market Sell-Off Raises Eyebrows Nifty Futures Chart Nifty index, despite the weekly closing falling short of the all-time high of approximately 22,126.80, there are several indicators pointing towards continued bullish momentum. One such indicator is the weekly stochastic, which has shown a bullish crossover after reversing from the 60 levels. This suggests

Post Market Update 21-02-2024 Read More »

Post Market Update 12-02-2024

“Nifty’s Trendline Tango: Bearish Engulfing Spells Trouble in the Index Waters” Nifty Futures Chart Nifty experienced a breakdown of the daily trendline and formed a bearish engulfing pattern with significant volume, indicating weakness in the index. The Relative Strength Index (RSI) exhibited a downward slope at 50.7, suggesting the persistence of bearish momentum. Immediate support

Post Market Update 12-02-2024 Read More »