Nifty Outlook for May Series

 Nifty formed hammer pattern on last day of expiry, April expiry has been very volatile with move of 698 points (8844-8146) and close was almost near the lowest of the series. We closed the April month at lows also closing below 200 DMA  for 2 day in a row. I have shown Supply and Demand chart below for Nifty.Range of.. Continue Reading

Posted in: Technical Analysis