NIFTY- Price Action during the day and View for next trading Sessions

-
CRAME NOTE ON INDEX PERFORMANCE - May 13, 2020

The index opened above the second upside target as mentioned in the last CRAME NOTE. However after the gap up, the index witnessed consistent selling through out the day, though it closed above the previous close. Some interesting things to observe is that despite the selling pressure witnessed at higher levels the index made a triple bottom in the intraday chart near an important fib ratio and closed above it. Given the weekly expiry and that the big announcement about economic reforms has already been one can expect a volatile session tomorrow. Important levels to watchout for on the downside is 9260-9230. If this gets defended the index can attempt 9700 levels. On the upside 9770-9820 levels can act as supply zones. If these levels get taken out decisively a fresh up move can start for targets of 10300-10450 levels. 


DISCLAIMER
The content provided in CRAME blog is for educational purposes only. CRAME or the analyst(s) do(es) not assume any responsibility for the financial decisions/actions made on the basis of the analysis presented in the blog.




Analysts

Prof. Binu  P Paul PhD
Prof. Soumya V ACSI

Comments

  1. suman kumari29 January 2022 at 13:57

    Dear Admin, Your Blog Really Good. Thanks For the Informative Post And The Chart Pattern.

    Indices Trading

    ReplyDelete

Post a Comment

Popular posts from this blog

WHAT'S IT LIKE TO LIVE IN THE HOSTELS OF CHRIST LAVASA?

-
Image
“From holding the keys for the first time and being nervous to stepping into a doorway of comfort, the hostel rooms are home here.” Life at CHRIST Hostel, Lavasa is beyond the norms of what people perceive as the regular hostel experience. With a unique setup, the Lavasa hostels offer a new-age lifestyle along with security. Students who live in the hostel experience a life less ordinary for several reasons: A diverse community The rooms here are not of the dormitory nature but are in the form of apartments and villas. Students get to interact with people of multiple ethnicities and varied cultural backgrounds while availing themselves of personal space. This not only widens their cultural horizon but helps everyone accept each other, get exposure to different traditions, and have a chance to find their true tribe in this city. “ Truly, North meets South and East meets West here at home. ” Form of independence For most students, the college hostel is the first experience of being alone
Read more

PANEL DISCUSSION ON LEADERSHIP & ENTREPRENEURSHIP DEVELOPMENT SKILLS

-
Image
The School of Commerce, Finance and Accountancy organized a "Panel Discussion on Leadership and Entrepreneurship Development Skill " on 4th March 2022 at 1:30 PM at CHRIST (Deemed to be University), Pune Lavasa Campus.   Ms Ayushi Chandna student of 6 BCom (Financial Analytics) commenced the session with silent prayer & briefed about the Panel Discussion. This was followed by an introduction about the resource persons by Ms Pretty Rose Sebastian & Mr Shreeyash Goel, Students of 6 BCom (Financial Analytics). The Head of the Department, Dr Vandana Bhagat addressed the session and welcomed the Resource persons. The Session Moderator Dr Jayant Mahajan started with setting the context about the Panel Discussion with his collective years of experience and expertise in the field, Then the First Resource Person Mr Rajiv Chelladurai discussed the Leading Self, Emotional Intelligence, Relationship Builder, Continuous learner and the Problem Solver. The students were asked quest
Read more

INTERNATIONAL CONFERENCE ON DATA SCIENCE, COMPUTATION AND SECURITY - IDSCS’22

-
Image
The Third International Conference on Data Science, Computation and Security (IDSCS-22) hosted by CHRIST (Deemed to be University), Pune Lavasa Campus in association with Springer from 11th to 12th February 2022. The conference was conducted online with participants from all across the globe. The conference commenced with the inauguration ceremony at 9:30 AM. Dr Pooja Batra was the Emcee for the occasion and began with the Lighting of the Lamp, followed by a prayer song performed by the students of CHRIST (Deemed to be University), Pune Lavasa Campus. Dr Samiksha Shukla welcomed the Chief Guest, Guest of Honor, Vice-Chancellor and the keynote speakers for the day and summarized forthcoming events of IDSCS'22. Dr Fr Jossy P George, the Dean and Director of the University, addressed the honourable delegates and introduced the Chief Guest to the participants. This was followed by the presidential address by the Vice-Chancellor, Dr Fr Abraham VM. In his address, he mentioned the signif
Read more