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Below is quote on today`s Nifty 05 January, 2022 by Rohit Singre, Senior Technical Analyst at LKP Securities "Index closed the day on a positive note for consecutive fourth session at 17925 with nearly one percent and formed a bullish candle on the daily chart. Now index has reached near its good hurdle zone of 18000-18100 zone where one can look for trimming their long position also if managed to sustain above said resistance we may see fresh breakout & then we may...
Quote on today`s Nifty 05 January 2022 By Rohit Singre, LKP Securities
Below is quote on today`s Nifty 28 December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities "Index opened a day with good gap and managed to hold its gain throughout the day & given a close at 17234 with gains of nearly one percent forming a bullish candle on daily chart. Now fresh base is created at 17200 zone until trading above mentioned support zone one can expect extension in current pullback but if unable to hold then we may see some prof...
Quote on today`s Nifty 28 December 2021 By Rohit Singre, LKP Securities
Below is quote on today`s Nifty 21st December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities "Index opened a day with a good gap but again we have witnessed profit booking from higher-end resulting index erased some of its gains & closed a day at 16770 with gains of one percent & formed a Doji candle on the daily chart which represents indecision in the markets. On the higher side index has a strong hurdle zone around 16850-16950 any decis...
Quote on today`s Nifty 21st December 2021 By Rohit Singre, LKP Securities
Below is quote on today`s Nifty 15th December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities "One more negative session as index closed a day at 17221 with loss of nearly one percent and formed a bearish candle on daily chart. index managed to closed a day near good support zone of 17200 if managed to hold above said levels we may see swift bounce otherwise we may see more drag down towards 17100-17000 mark which are another support zone on the do...
Quote on today`s Nifty 15th December 2021 By Rohit Singre, LKP Securities
Below is quote on today`s Nifty 14 December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities "Nifty open gap down and showed a very sideways move throughout day with given close at 17325 with minimal & formed a Doji sort of candle pattern on daily chart represents indecision in the markets. The overall range for nifty is coming at 17500 on the higher side & 17000 on the lower side right now nifty is trading in between so one can expect a sid...
Quote on today`s Nifty 14 December 2021 By Rohit Singre, LKP Securities
Below is quote on today`s Nifty 03rd December 2021 by Rohit Singre, Senior Technical Analyst at LKP Securities "Index closed a week at 17197 with gains of more than one percent and formed a doji sort of candle pattern on weekly chart after two bearish candles which hint indecision in the markets. Good demand zone for nifty is already formed near 17100-17000 zone & holding above said levels one can expect index to march towards 17500-17600 zone in near term but ...
Quote on today`s Nifty 03rd December 2021 By Rohit Singre, LKP Securities
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