Sunday, September 17, 2017

#NIFTY View on the 15th September.

 We saw the Index making some healthy up moves from the low of August. However this month we saw the Index ranging on low volume. Then there was a clear attempt to move the index on increased volume which however failed to produce the desired result. We saw a poor effort to Result ratio. The Index is struggling around the previous price rejection level of 10075. There is a good probability that we will see some more ranging if not a retracement at the current levels. The Index need to cross 10140 convincingly to see more up side. 



No comments:

Post a Comment