We may expect the market to reach at 4250 to 4300 level in the coming session. As per nifty weekly chart we are still at oversold zone. The volumes are still below the average. Majority of the indicators are showing bearish state of the market except TRIN which is below 1.
Chart Source stockchatrs
Nice initiative. Let me go thru ur analysis for some more time b4 i attach ur blog to my blog roll.
ReplyDeleteRegards
Indrajit
www.stockmaniacs.blogspot.com