As said earlier, US markets nosedived over past few weeks. Yesterdays move suggests short term bottom formed.
Meanwhile Indian markets are trapped inside range, despite macroes turning favorable.
View remains cautious, 11200 crucial res. Sup 10300
Bearish pressure grips the market ahead of long weekend.
As #Nifty reacts sharply from 200 EMA again, an acute bearish formation "The death Cross" has evolved confirming the prolonged bearish phase.
Meanwhile, the pattern on Nasdaq too develops "Bearish Head n Shoulders" pattern
Being a shareholder n stakeholder in @YESBANK , I would like a clarification from you Mr. @RanaKapoor_ regd rpts of NCDs issued by ur holding cos n how u r going to save Diamonds which u blv r for forever.
Bearish pressure grips the market ahead of long weekend.
As #Nifty reacts sharply from 200 EMA again, an acute bearish formation "The death Cross" has evolved confirming the prolonged bearish phase.
Meanwhile, the pattern on Nasdaq too develops "Bearish Head n Shoulders" pattern
@abhaychawla13 Bcoz, ppl of India know very well that the allegations made by CBI DG are absolutely crap. It will be thrown into dustbin and may even be prosecuted for lying
Fourth attempt for #Nifty to break 10650 in last 9 days and fails again.
No big buildup in options suggests choppy range to continue even as overhead levels attract selective selling.
#MarketOutlook while in the near term, @NSEIndia#Nifty is expected to test 10000 which should act as strong support;
But medium term bias is turning positive
Over next two month, a strong rebound towards 10700 n higher is not ruled out entirely.
It’s been just over 2 yrs since I faced a film camera… A new journey, a new film begins today. Need your good wishes and blessings.
#Manmarziyaan#TakeTwo 🎬