Thursday, 18 July 2019

What next in the Indices?

For Friday, July 19, 2019, the trend reversal point for Nifty stands at 11591 in spot. Any close BELOW 11591 in spot on Friday will change the trend in Nifty to NEGATIVE. Again, that for Bank Nifty, this level stands at 30823 in spot. This implies that a close ABOVE 30823 on Friday for Bank nifty in spot will change the trend in that index in to POSITIVE.

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