Nifty Weekly View
Nifty
trimmed its gains amid volatility and closed last session of the week higher
after the government maintained its fiscal discipline, and provided stimulus to
farmers and tax payers through several schemes in its last Budget ahead of
general elections 2019. The index formed bullish candle on the daily charts,
which resembles a 'Shooting Star' kind of pattern while for the week also, it
formed bullish candle.
Weekly Chart
Bank Nifty Weekly View
Bank Nifty remained under pressure as it failed
to hold above 27,500 zones and drifted towards 27,000 zones. The index closed
lower at 27,085.95. It formed a bearish candle on daily charts and a Long
Legged Doji on weekly scale which indicates an absence of follow up buying at
higher
Weekly chart
Missed call
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