STOCK MARKET TODAY
Today nifty closed above the psychological number 5000. FII’s were net buyers for 850-odd crores. Market breath was positive. Volume was good. Technically in the price chart a bullish pattern had formed. Still global cues influences nifty up move. To my knowledge I expect nifty would mark a new year high by the end of this week. Let’s see what happens.
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STOCK MARKET ON FRIDAY
Nifty traded in a positive tight range and closed just below 4800 levels. As global cues were positive nifty also traded in positive. Volume was not impressive. FII’s were net buyers for 550-odd crores. Technically in the price chart a uptrend pattern had formed.
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STOCK MARKET TODAY
Today nifty had a good rally and reason may be short covering I feel so. Volume was not impressive and FII’s were net buyers for only 126 crores! FM announcement that ‘stimulus will continue’ had triggered the rally I hope so. Technically in the price chart up trend pattern had formed. Tomorrow, would nifty move up with good volume then we may expect an up trend. Let’s see what happens tomorrow.
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STOCK MARKET TODAY
Today it was a pullback rally. Though nifty had huge rally, volume was not impressive. FII’s were net buyers for only 200-odd crores. Technically a downtrend stopping pattern had formed. To my knowledge we may see an up move from here. Let’s see what happens tomorrow.
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STOCK MARKET TODAY
For past 6 trading session nifty had down closing. I did not expected this much correction. To my knowledge I feel today’s selling was a panic selling. Volume was not so good. FII’s were net sellers for 850-odd crores. Technically in the price chart a bearish pattern had formed. Still I expect a pullback rally tomorrow. Let’s see what happens tomorrow.
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