Nifty Showing Sign Of Fatigue Ahead General Elections:Adopt Cautious Approach!!
Friday: The Index opened gap positive as expected and traded in a green, after a couple of hours nervousness seen at higher levels, finally ended at 11456.90. The market upward rally halted and market witness selling pressure across the board. All the sectors closed in the red except Realty as A/D ratio was negative. It made a real body, red candle on the daily chart and a Doji candlestick on the weekly chart suggests indecision at a higher level. The market participants pocketing their profit at higher levels amid upcoming General Elections. The Indices may consolidate or hovering near its top and will take the... Read More