The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
1st day of week on Monday 2nd April Nifty 50index managed to open positive and witnessed sustain buying interest throughout the day. It managed to hold and surpass the Hurdle 10158 and headed towards 10220 levels. Bulls recovers with sustaining pulls up to the bears, It managed to hold above previous weeks’ close and formed a Bullish candle on the daily scale. Now...
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...
EDUCATIONAL BEL Descending Triangle with increasing volume last two sessions. It's also close to 50 Day EMA as well. Can be shorted if it breaches the triangle with good volume and confidence. Target1-175.00 Target2-172.00 Target1-169.00 SL - 185.00