Hi friends,
Yesterday markets outshine Asian peers where Nifty managed to closed in green.
After a fall from 8375-7670 (700 points), On daily charts it has formed pattern with RSI divergence.
Candle Stick pattern on daily - Hammer with RSI candle divergence.
Looks like Nifty has created a bottom with strong supports @ 7760 - 7660 and key resistance @ 7950 - 8050. A decisively break above 8050 - 8060 will lead Nifty to touch 8200 - 8250.
Good Stocks are available at great value, Pick good stocks for medium term and long term.
Short term picks - Relcap, Gail, L&TFH, Tatamotors.
Trade with SL & with proper MM.
Will be posting soon.
Thanks.
Yesterday markets outshine Asian peers where Nifty managed to closed in green.
After a fall from 8375-7670 (700 points), On daily charts it has formed pattern with RSI divergence.
Candle Stick pattern on daily - Hammer with RSI candle divergence.
Looks like Nifty has created a bottom with strong supports @ 7760 - 7660 and key resistance @ 7950 - 8050. A decisively break above 8050 - 8060 will lead Nifty to touch 8200 - 8250.
Good Stocks are available at great value, Pick good stocks for medium term and long term.
Short term picks - Relcap, Gail, L&TFH, Tatamotors.
Trade with SL & with proper MM.
Will be posting soon.
Thanks.
An important key to investing is to remember that stocks are not lottery tickets.intraday Stock Tips
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