Nifty looks week and it is presenting / Will Present a great opportunity for the long term investors to accumulate gems from bottom. Market is not yet oversold but it starting to look one. Important support levels for Nifty are: 18830, 18333 (likely bottom). If 18333 is broken we might see bears taking complete charge of the market and drag it further down to...
Nifty is showing signs of weakness major factor being crisis in the Middle East. Few supports on the down side will be tested in the coming week. If the Nifty can take support at any of the support levels given below only then there will be chance of recovery by end of next week or by end of the month. Supports For Nifty: 19489 (Weak support), 19328, 19029...
NIFTY Strongly rejected the levels of 16400 days high and ended close to 160 points lower. This is a bad sign for the short term. As the rally could not sustain and lost steam and momentum is gone bottom will be tested again. It will be difficult for NIFTY to hold 16K levels tomorrow. If NIFTY hold 16K levels by the end of the day tomorrow. There will be a...