Nifty Technical Report: Sand Near At 17,400 – Neal Bhai Reports

Buy Nifty Above 15500, Target Price 16000—16200 [Buy on Dips]

Nifty Technical Report: After quite some time…two successive losing weeks. The bulls are missing a beat here. As far as intra-week trends go, it was a bit binary – the initial few days a mild attempt to rally and then a surrender on Thursday that saw no recovery on Friday. Not exactly a week of inspiring action for the bulls among us. This is how it panned out across the week.

Read More →

Nifty Forecast: Don’t Sell Nifty, We Expected Buy on Dips

Nifty Forecast

Nifty Forecast: We did have new highs punched out, crossing the 18,000 mark on the Nifty and the 60,000 mark on the Sensex too. But those were brief taps to high levels that didn’t last. In fact for the Nifty it was just an opening tap so, it is a theoretical high rather than a traded high.

Read More →