Saturday, May 8, 2021

INVESTING | STOCK MARKET | INDICES | CRYPTOCURRENCIES | MANAGING WEALTH | SBICAP SECURITIES | RESEARCH TECHNICAL ANALYST |TOP PICK | NIFTY |TWEETS ARE NOT ADVICE

Nifty Future weekly chart
Nifty Future Weekly chart

 INVESTING | STOCK MARKET | INDICES | CRYPTOCURRENCIES | MANAGING WEALTH | SBICAP SECURITIES | RESEARCH TECHNICAL ANALYST |TOP PICK | NIFTY |TWEETS ARE NOT ADVICE

 Interested in Business & Finance, Venture Capital, Small FinTech, business, telecom, nonprofits, personalities, Startups, fashion, financial services, news, media, professions. Investing in Stocks, Indices & Cryptocurrencies.


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The Nifty Future may find support around the following levels of 14253--14460--14717  on the downside which is price extension drawn from low to high.


​The Nifty Future may find resistance around the following levels of 15132--15546 on the upside which is price extension drawn from low to high.


During the week Nifty Future made a high of 14908 crossing the resistance of 14717 and closed above the resistance of 14717 at 14869.55. For bullishness, Nifty Future has to remain above 14717 levels from a yearly point of view. Nifty  Future has made a low of 14461.90 taking  our support of 14460 and then continuously rallied from there till 14908.

​Nifty Future has closed above 14717 at 14869.55 but the average is below it. So be cautious in buying, profit taking can set in.

Broader trading range for the week: 14253 – 15546


Immediate probable trading range for the week: 14460 – 15132


My View on Stock Market of India. As a Technical Analyst Job in Company taken out by doing technical analysis for Indian people who are investor who do investment in security. NISM Certification.

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