The hammer formed in 60minute chart yesterday was enough to signal a reversal favouring upsides - Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
NIFTY OUTLOOK
The hammer formed in 60minute chart yesterday was enough to signal a reversal favouring upsides, which could perhaps may be sufficient to breach the 17374 mark today. But patterns do not yet seem sufficient for a run away rally, which urges us not to be too bullish. We will play these mixed signals by exercising caution on approach to 17436, the recent peak. And as maintained yesterday, we are soon to see a maximum expansion in trading ranges.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
More News
Equity benchmarks continued to slide downward over a fourth consecutive session amid elevate...
