Nifty Outlook

In Nifty Outlook,I express my views on the Indian Stock Markets Index,Nifty.Whenever I see a meaningful structure on daily or weekly technical chart of Nifty which may be of help to traders or investors,I share it with Nifty Outlook.
We know how volatile the stock markets remain.Looking at the technicals in a chart,it is never easy to predict the market moves accurately.So many factors affect the market moves apart from purely technicals.
It is always advisable to understand and manage the trading risks properly before going for a trade.Never underestimate the importance of Stop losses in trading and look to exit the markets immediately when your targets are met or you have made a reasonable return on your trade.

Nifty may move to levels of 10730

Nifty index has been maintaining a strong up trend. It is at its all time highs. Recently, it has broken above a rising trend line. Looking at the daily candlestick chart for Nifty, it appears preparing for more upmove. It may head towards 10730 level in coming days. …
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Nifty Turns Positive With Targets of 8850-8900

We were having negative view on Nifty when it broken down of the consolidation of past several trading sessions.But in todays big up move,Nifty reversed those losses and moved above the consolidation range with a gap up. We expect targets of 8850-8900 for Nifty in coming days if …
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Nifty May Slip Towards 8400 in Coming Days

After seeing a strong up move,Nifty has been consolidating in a small trading range for the last several days.It broke the trading range on the lower side in last trading session. Looking at the daily technical chart for Nifty,it seems the index may slip towards 8400 and lower …
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Nifty may move to 8800 in near term

Indian stock markets are moving higher for the past few weeks.Economic reasons and liquidity flows are the major push behind the surge in stock markets. Technically also markets are making bullish patterns. In yesterday’s trading session, Nifty broken above an Inverse Head & Shoulders Pattern which indicates further …
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Nifty may Slip towards 8050

Global markets have been in a turmoil for the last few days.Indian stock markets have been following the suit and saw sharp declines. In the ongoing downfall,Nifty has broken down out of a bearish Triangle Pattern in the last trading session of the week ended.Nifty saw the weekly …
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