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Vimal K

13th Mar · SEBI-Registered Analyst

NIFTY POST MARKET CHART ANALYSIS

Nifty is trading below all major Exponential Moving Averages (EMAs), including the 50, 100, and 200-day Charts. Nifty is trading below all major Exponential Moving Averages (EMAs), including the 50, 100, and above 200-weekly charts lines. We see a trendline Break down on weekly charts which is suggesting more down side in comings days. As per the weekly charts Nifty might test the previous lows of 21743.65 and 21281.45. MACD below zero and RSI below 40 on weekly charts is also suggesting weakness in coming days. Top Gainers :

TATACONSUM
HINDUNILVR
BHARTIARTL
Top Losers :
LT
HINDALCO
TATASTEEL

#Post-ClosingCommentary#TechnicalViews#WatchOutFor#MacroViews#IndexStrategies
NIFTY 13-MAR.png
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