About this document
Nifty Analysis by Praveen Pathiyil by Debashis Ghosh is a document available to read on EtoBox.
The weekly Nifty technical outlook newsletter provides the following key points: 1) The Nifty gained 65 points and reclaimed the 8200 level, moving towards the 8420 resistance level supported by extension analysis on the weekly chart. 2) Momentum indicators such as RSI show a positive crossover, indicating bullishness. 3) Nifty may trade in the 8120 to 8420 range with a break above 8420 needed to build fresh long positions. Stocks to watch include Lupin, Asian Paints, HDFC and Infosys.
- Author
- Debashis Ghosh
- Language
- EN