index trading strategies

 10 KEY FACTORS FOR NEXT WEEK!!!! The market maintained its upward journey for third consecutive week ended February 17 supported by persistent FIIs buying. But the rangebound and consolidation trend is not yet over given the pressure at higher levels due to hawkish comments by Fed officials and rising US dollar index. The benchmark indices climbed half a percent each during the week, with the BSE Sensex closing tad above 61,000 and the Nifty50 at 17,944, but the mood was subdued in the broader markets with the Nifty Midcap 100 and Smallcap 100 indices falling over a percent each. Infrastructure, technology, energy, metal, and select FMCG stocks supported the sentiment, but the gains were limited due to selling in auto, banking & financial services and healthcare stocks. Given the absence of domestic triggers, all eyes will be on global cues with market participants focussing largely on FOMC minutes and second estimates for fourth quarter US GDP numbers, experts said. As far as...

 NIFTY INDEX :-    Index can HOLD above 17859-17877Levels with RESISTANCE for 18080-18130Levels!!!!!  Lets see how to above things can happen on Monday 21 FEB 2023. 1 . On friday Nifty index was made a negative performance and slip around approx 91.65 as Nearby Half percent due to negtive global cues. 2 . Us doller climb on 6week high becuse of rate hikes after hawkish commentry by Federal Reserves . 3 . Nifty has formed a small-bodied bearish candle with long upper-lower shadow on the daily charts, indicating the tough of war between the bulls and the bears. 4 .Index  slipped below the 50-day exponential moving average but managed to hold the falling resistance trendline adjoining the highs from December 1, 2022. It also took support at 17,900. 5.  I ndex formed a small-bodied bullish candlestick with a long upper-lower shadow, indicating indecisiveness among buyers and sellers about the market trend.   6. A recovery is likely if the Nifty stays abov...