Nifty analysis for 02/04/19

Yesterday nifty posted high of 11738 but could not sustain this level and closed at 11669. This high is just short of all time high of 11759 posted on 28/08/18. From this level nifty got corrected to 9952 on 23/03/18. Yesterday's candle is like gravestone dojji which is a single candle downward reversal pattern. So this pattern at market top and failure to cross all time high indicates downward reversal may occur. But now a days we can't say anything. Also in our #share #analysis #software 5 DMA trend is UP. Only intraday trend is down. So we have to wait for today to confirm this with a red candle.

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Contact Us :
1980, Prasanna Mangudkar Path, Madiwale Colony, Sadashiv Peth, Pune, Maharashtra 411030
Vedant Margdarshak 
+91 9422353679
Connect Us On Facebook

Privacy Policy

Terms & Conditions



  • LinkedIn
  • Facebook
  • YouTube
  • Twitter
  • Instagram