Outlook Of Nifty/bank nifty today
Nifty:
Nifty Outlook
The Nifty recovered sharply in the
last hour of trades on Friday; however, daily chart analysis indicates the
index formed a Doji candle stock pattern on Thursday followed by a Hanging
Man kind of candlestick pattern on Friday. These are signs of uncertainty
and also a possible reversal may be on the cards going forward. With the
Union Budget to be announced next week it is advisable to remain cautious
and sticking to stock specific activity should be adhered to in the short
term.
Technical Outlook
Missed call
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Monday, 29 January 2018
Daily Nifty News Letter
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