Live Breaking News & Updates on Nifty Resistance Level
Stay updated with breaking news from Nifty resistance level. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tech View: Nifty may enter a brief consolidation; 15,000 level a hurdle SECTIONS Share Synopsis For the day, Nifty closed at 14,894, up 30.35 points or 0.2 per cent. Gaurav Ratnaparkhi of Sharekhan said the index stumbled near the daily upper Bollinger Band as well as the upper end of a rising channel on the hourly chart. Getty Images Mazhar Mohammad of Chartviewindia.in said the advance-decline ratio was skewed in favour of the bears, hinting at broadbased profit booking around the psychologically critical resistance at 15,000 level. Related NSE Explore Now NEW DELHI: Nifty on Thursday saw selling pressure after taking out the 15,000 level in intraday trade. The NSE barometer eventually eked out marginal gains, but formed its first bearish candle on the daily chart in six sessions. ....
Trade Setup: Nifty showing no signs of a let-up; short-term support at 13,800 SECTIONS Share Synopsis The levels of 14,050 and 14,110 will act as potential resistance points while supports will come in at 13,910 and 13,860. Getty Images Monday s session is likely to have a quiet start to the day again. In a narrow-ranged session on Friday, the domestic equity market stepped into the new year on a quiet note, consolidated in a strong way and ended the day with a modest gain. After a positive start, headline index Nifty stayed in the green throughout the session. However, the market remained within a very limited and defined range for the entire day. It showed some strength in the second half of the trade, but the last hour saw some paring of gains which kept the overall gains under check. Nifty closed on a modestly positive note, gaining 36.75 points or 0.26 per cent. ....