Nifty is in short term downtrend

Discussion in 'Traders Corner' started by Vidhi Khanna, Sep 3, 2023.

Tags:
Previous Thread Next Thread
Loading...
  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

    Joined:
    Mar 19, 2015
    Messages:
    877
    Likes Received:
    55
    Stock Futures are at ATH indicating higher leveraged positions. Nifty is in short term downtrend, making lower tops & lower bottoms. It is below 20 & 50 day SMA. 14 week RSI oscillator too is in decline mode, suggesting scope for more downside in near term

    Download research report

    [​IMG]
     
    Vidhi Khanna, Sep 3, 2023
    #1
Previous Thread Next Thread
Loading...
Loading...
Similar Threads
  1. Michael Gonsalves

    Shorts by FIIs in the Nifty & Bank Nifty stand at 89,518 contracts

    Michael Gonsalves, Oct 23, 2023, in forum: Traders Corner
    Replies:
    0
    Views:
    1,532
    Michael Gonsalves
    Oct 23, 2023
  2. Vidhi Khanna

    Index Outlook + Top Stock Picks. Nifty target is 27,000

    Vidhi Khanna, Feb 20, 2025, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    177
    Vidhi Khanna
    Feb 20, 2025
  3. Vidhi Khanna

    Last Diwali's recos gave return of 38.5% vs Nifty's 28%. Target Achieved in 7 out of 9.

    Vidhi Khanna, Oct 23, 2024, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    832
    Vidhi Khanna
    Oct 23, 2024
  4. Vidhi Khanna

    16 Top Stock Picks for Nifty Bull Case Target of 27,000.

    Vidhi Khanna, Sep 2, 2024, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    804
    Vidhi Khanna
    Sep 2, 2024
  5. Vidhi Khanna

    Nifty target is 25,500. Bank Nifty target is 53,500

    Vidhi Khanna, Aug 29, 2024, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    509
    Vidhi Khanna
    Aug 29, 2024