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DERIVATIVE ANALYSIS Course starts 15th July 2017 at Sion. For more info call 9820526455.
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Derivative Analysis starts 17th February 2018.


Weekly analysis : ON COURSE TO TEST 200DMA - 16 02 2018

ON COURSE TO TEST ‘200DMA’ - 16/02/2018.




Last week saw our market bouncing back from many gap-down openings, especially the mid-cap and small-cap stocks. This week saw three gap-up openings being sold into, with the market along with mid-cap and small-cap stocks ending on the lower side. This is a clear indication that the divergence which existed two weeks back between the front-line stocks and mid-cap stocks has now reduced and is now inline. The bearish momentum is now on the rise and the market seems to be headed southwards to test the long term average of 200dma. There exists a strong support at Nifty-10370 which now stands between the market and the 200dma.


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