Nifty Weekly Analysis for May 1-5
Cập nhật
Analysis on nifty for upcoming week May 1-5:
The Nifty index seems to exhibit a bullish trend in the long-term & in the short-term as well, according to the market structure.
In the upcoming week, it's important to monitor key levels 17610, 18090, & 18105.
My outlook:
After analyzing the chart, it appears that the Nifty index had a strong upward momentum last week, gaining 475 points.
Based on this, it is my expectation that the market may enter a sideways movement phase with increase volatility in the upcoming week, with the index trading within a range of 500 points, specifically between the levels of 17610 and 18105.
The Nifty index seems to exhibit a bullish trend in the long-term & in the short-term as well, according to the market structure.
In the upcoming week, it's important to monitor key levels 17610, 18090, & 18105.
My outlook:
After analyzing the chart, it appears that the Nifty index had a strong upward momentum last week, gaining 475 points.
Based on this, it is my expectation that the market may enter a sideways movement phase with increase volatility in the upcoming week, with the index trading within a range of 500 points, specifically between the levels of 17610 and 18105.
Giao dịch được đóng thủ công
Review on last week Nifty analysis (May 2-5):The weekly market trend followed the projected forecast.
Forecast:
Based on our analysis, the market is expected to exhibit a bullish trend with sideways movement and high volatility.
Actual:
As anticipated, the Nifty index experienced significant volatility on Thursday and remained in a sideways trend within the range of 18090-18250.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.