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

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

Nifty Future Forecast: This line from last week’s column is important to note right at the outset. “…while there is evidence of some lows being made, the pace of advance may be quite slow and may even suffer repeated retests of the low. So, we should expect a choppy market that attempts to create higher bottoms ahead as it builds up for a bigger move.

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Nifty Weekly Technical Forecast [06-06-2022]

Nifty Weekly Technical Forecast: In the previous column, we studied the range that had formed and how a breakout may occur from that to set the immediate trend. We discussed that a down-move may continue upon the down-breakout but that an upside break may still meet with supplies at higher levels. Thus the bias was still bearish.

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Nifty Weekly Technical Forecast By Neal Bhai [23-05-2022]

Ola Electric Share Price Jumps

Nifty Weekly Technical Forecas: Traders continue getting tossed around by the market. We started weak, rallied up, then gave it all back, only to rally back again by the end of the week. So, the saga of volatility continues. Intra-week trading remained very difficult as gaps and lack of a follow-through kept taking a toll on whatever positions were created. The VIX moved sharply as uncertainty deepened and nervousness increased. Everyone is searching for a bottom that is proving to be elusive so far. The week in pictures was thus.

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