Nifty is extremely oversold; Short Term Bounce can be expected

You Should Read This:

1. How to Find Support and Resistance Levels of Nifty Future for Short Term Nifty future charts are very useful to find out exact areas of support as well as resistance over the daily chart. As charts are representation of historical data, it becomes very useful to see how...
2. Nifty Future is in downtrend, How to Short Sell on Every Bounce Looking at the charts, we see nifty is making series of lower tops and lower bottom, hence downtrend is still valid. Being a trend chasing trader we will be looking every pullback as selling opportunity...
3. Buy Bank Nifty Future near 10580, Trading at Support Short term target 10920 Bank Nifty future was seen trading lower today around 10580 level, If we look at spot level it was at 10480. This 10480 is very important support level we are expecting bounce from here and...
4. Nifty Future Chart Analysis this Week, Short Covering Ahead Nifty future is best analysed by using combination of daily and weekly chart, charts are telling us that short covering rally is wait. Nifty future is trading near 100EMA (exponential moving average) on weekly chart,...
5. Short Sell Nifty Future on Every Bounce, Downtrend is Still Intact Nifty future has still downtrend for medium term, selling near resistance will prove to be most profitable strategy at this point of time. Reliance industries is not going to perform as gas production from its...