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TECHNICAL ANALYSIS New Batch will start from 23rd April 2019. For more info call 9820526455.
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Upcoming Training
TECHNICAL ANALYSIS Course starts 23rd April 2019 at Sion. For more info call 9820526455.
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 Technical Analysis starts 23rd April 2019.

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Weekly analysis : NIFTY SHOWS NO SIGNS OF ABATING - 18/04/2019

NIFTY SHOWS NO SIGNS OF ABATING - 18/04/2019.

 

SHARP INCREASE IN VOLATILITY.

 

The Volatility Index (India ViX @ 22) has seen a sharp increase of more than 10% in the past week. Despite such increase in Volatility, Nifty is showing no signs of abating. Nifty has given a bullish pattern breakout here and is likely to target 12211 as long as it remains above 11549. Mid-Cap and Small-Cap indices are showing good strength and are on the verge of delivering a strong bullish breakout. The frontline indices are testing the life-high levels and some sort of consolidation here, augurs well for the market. Till then any decline will be a good buying opportunity.

 

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