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| Name | A Time Correction in the Nifty |
| Video Uploader | Video From Equitymaster |
| Upload Date | This Video Uploaded At 06-03-2021 06:09:24 |
| Video Discription | In this edition of Momentum Moves, I’ll show you why the Nifty is in for a time correction and why the Bank Nifty is looking weak in the short-term. Nifty is trading in a rising channel pattern and is hovering in the range of 14,450-15,300. We believe the time correction can be expected till the index trades in this zone. Bank Nifty to Nifty ratio chart indicates an underperformance of Bank Nifty as we are witnessing the breakdown of the rising wedge. Bears may accelerate on the break of 34,800, towards the level of 33,600-33,800 in the truncated week ahead. #Nifty #Momentum #BankNifty Simply sign up for Fast Profits Daily, our free email newsletter, and get access to this latest guide on How to Trade the Markets Like a Pro. http://www.eqtm.in/Gy95J Stay Connected Equitymaster Free Reports: https://www.equitymaster.com/free-reports.asp Equitymaster on Telegram: https://telegram.me/equitymasterofficial Equitymaster on Facebook: https://www.facebook.com/Eqtmonline Equitymaster on Twitter: https://twitter.com/Equitymaster Equitymaster on LinkedIn: http://www.linkedin.com/company/equitymaster-agora-research-private-limited |
| Category | Education |
| Tags | BSE Sensex | BSE | NSE Nifty | NSE | Indian stock markets | BSE Midcap | BSE Smallcap | Indian equity market indices | BSE small cap index live | smallcap stocks | rebound | Gainers | Top Gainers | Losers | Top Losers | Bank Nifty | Sectorial Indices | Bullish | Bearish | momentum | Technical Analysis | Derivatives | charts | candlestick | breadth | support | resistance | Dalal street | Nifty Auto | Bollinger Band | Directional Indicator | RSI | Harmonic pattern | NASDAQ | US markets | Dowjones | S&P500 |
