Insignia Consultants
New Delhi
Wednesday, May 29, 2019
TIME 9:29 AM
IST
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NIFTY Technical
Report
|
NIFTY DAILY
TECHNICAL LEVELS (Current price 11927.00)
|
||||||||||
|
S5
|
S4
|
S3
|
S2
|
S1
|
|
R1
|
R2
|
R3
|
R4
|
R5
|
|
11626.50
|
11698.62
|
11776.75
|
11812.21
|
11856.08
|
|
11997.92
|
12041.79
|
12077.25
|
12155.38
|
12227.50
|
|
All technical are for
reference only
|
||||||||||
Momentum is bullish for Nifty. Global factors are bearish.
There is recession fears all over the world. Spillover effect of the US-China
trade war to other Asian nations is keeping traders and investors on the
sidelines. All eyes will be on the allocation of ministry allocation tomorrow
by Modiji. People like Gadkariji are performers. They will perform whichever
ministry they are given charge. Stocks which will be related to Gadkarijis
portfolio will zoom. There will be ministers who are just sham and useless like
the previous telecom ministers. Stock under them will be laggards.
Happy
Stock Hunting
Disclaimer: Any opinions as to the commentary, market
information, and future direction of prices of specific currencies, metals and
commodities reflect the views of the individual analyst, In no event shall
Insignia Consultants or its employees
have any liability for any losses incurred in connection with any
decision made, action or inaction taken by any party in reliance upon the
information provided in this material; or in any delays, inaccuracies, errors
in, or omissions of Information. Nothing in this article is, or should be
construed as, investment advice. Website www.insigniaconsultants.in.
Prepared by Chintan Karnani
Disclosure:
Everyone in team Insignia Consultants makes investment in delivery based trades
on stocks listed in BSE and NSE.
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NOTES TO THE ABOVE
REPORT
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UNLESS OTHERWISE SPECIFIED
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