SOURCE:MONEYCONTROL
According to FinQuest Securities' report, on intraday hourly charts, momentum indicator is oversold and thus Nifty seems likely to consolidate between 2740-2840.
FinQuest Securities' report:
Nifty took perfect support at trend line drawn through prior lows of 2503 and 2661 to close flat for the day.
On intraday hourly charts, momentum indicator is oversold and thus Nifty seems likely to consolidate between 2740-2840.
21 day EMA at 2844 will also serve as strong resistance on any up move.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment