Today's Opening - 4964
Today's High - 4981
Today's Low - 4932
Today's Closing - 4976
Previous Day's Opening - 4959
Previous Day's High - 5003
Previous Day's Low - 4944
Previous Day's Closing - 4966
New 52-week high, with volumes lower than the previous day.
The Positive Directional Index has decreased by 1 while the Negative Directional Index has increased by 1.
The 3, 10-day Moving Average Convergence Divergence has dropped to 90, lower than the previous two days.
The 12-day Rate of Change is strongest since 3rd Aug.
The 2-day RSI index has been above 98% for the past three days.
If the Nifty can remain above 4932 for the next 2-3 sessions, then 5167 still seems possible. However, whether 5167 will be taken before expiry (on the 24th) or after expiry is a million dollar question.
I think 5167 will be reached only after the series expiry. Don't have enough reasoning to prove in favour of or against my statement. Markets reign supreme!
Today's High - 4981
Today's Low - 4932
Today's Closing - 4976
Previous Day's Opening - 4959
Previous Day's High - 5003
Previous Day's Low - 4944
Previous Day's Closing - 4966
New 52-week high, with volumes lower than the previous day.
The Positive Directional Index has decreased by 1 while the Negative Directional Index has increased by 1.
The 3, 10-day Moving Average Convergence Divergence has dropped to 90, lower than the previous two days.
The 12-day Rate of Change is strongest since 3rd Aug.
The 2-day RSI index has been above 98% for the past three days.
If the Nifty can remain above 4932 for the next 2-3 sessions, then 5167 still seems possible. However, whether 5167 will be taken before expiry (on the 24th) or after expiry is a million dollar question.
I think 5167 will be reached only after the series expiry. Don't have enough reasoning to prove in favour of or against my statement. Markets reign supreme!
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