Today markets opened at a NEW HIGH AT 11856 ( OTHER THAN THE PREVIOUS HIGH OF 11810 OF 16 APRIL 2019 ) THEREBY NEARLY ATTAINING THE EXPECTED TARGET OF 11860. As mentioned yesterday about RELIANCE INDUSTRIES today at 1385 with a gain of more than 3% .
Since last four days ie., since 12 April 2019 Markets opened with a gap up of several points till today.
On 12 April OPENED GAP UP OF 15 POINTS AT 11612 AND CLOSED 11643.
On 15 April OPENED GAP UP OF 24 POINTS AT 11667 AND CLOSED AT 11690.
ON 16 APRIL OPENED GAP OF 46 POINTS AT 11763 AND CLOSED AT 11787.
TODAY 18 APRIL OPENED GAP OF 70 POINTS AT 11856 AND PRESENT AT 11770.
Similarly today if the markets closes in positive territory we can hope for the good growth of market in the NEXT WEEK (ROLLOVER WEEK).
(IF TODAY MARKETS CLOSES ABOVE 11790 THAT IS ABOVE 3 DAYS HIGH MOVING AVERAGE WE CAN EXPECT THE MARKET TO CROSS OVER 11856 OF TODAY’S AND GO BEYOND 11856 AND NEAR 11910).
On 9th April we mentioned Reliance Industries at it lowest level of 1334 would perform from her and today it is at 1385 level and perhaps heading towards previous high of 1406 of 01 April 2019.
market analysis 