Page 37 - Future Enterprises News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Page Not Found | ZAWYA MENA Edition

Nifty moved in a range of 100 points throughout the session and formed an Inside Bar on the daily chart, suggesting the ongoing consolidation in the market.

Nifty traded in a tight range of 111 points to end below the 15,700 level. It formed a small bearish candle on the daily chart with a long lower wick, indicating buying at lower levels. Analysts said the index was showing lack of strength at higher levels with some indicators sending overbought signals. Will the Nifty gain strength this week and move towards the 15,800-15,900 zone?

Analysts said the index can move up to the levels around 15,850-16,000 as the short-term momentum looks strong.

Explore Now New Delhi: The domestic equity market on Monday managed to extend gains to a second straight day amid a volatile session. Strong buying interest seen in financial, power and realty counters helped the market end the day in the green. Though the Nifty breached the 15,200 level at the open, it fell shy of the said level on a closing basis and ended at 15,198. The index formed an indecisive Doji candle on the daily chart indicating investor indecisiveness at a higher level. Analysts said Nifty will need to hold above the 15,150 level to witness any further bounce. Can the Nifty inch ...