Nifty show no sign of bullishness only every high was utilize for selling scenario which continued till end of the session. In last session of market there was a sharp rally upside but that was also appeared as short covering. Nifty tested the support 5950 and 5920.
Nifty closed below 5950. It appeared bear had strong hand in the market. From last Friday session bear were full charged and no opportunity was given to bull. In order to get the nerve of market, bull need to cross 6000 mark than only any fruit full outcome we can see in market. Below 5900 market sentiment will be in favor of bear. Market short term trend was negative. But pullback can trap the bear. So waiting for right opportunity can be the right buzz in Nifty.
For more information:-
Stock Tips Commodity Tips
Nifty closed below 5950. It appeared bear had strong hand in the market. From last Friday session bear were full charged and no opportunity was given to bull. In order to get the nerve of market, bull need to cross 6000 mark than only any fruit full outcome we can see in market. Below 5900 market sentiment will be in favor of bear. Market short term trend was negative. But pullback can trap the bear. So waiting for right opportunity can be the right buzz in Nifty.
For more information:-
Stock Tips Commodity Tips
0 comments:
Post a Comment