{"id":3431,"date":"2019-01-09T06:12:20","date_gmt":"2019-01-09T06:12:20","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3431"},"modified":"2019-01-09T06:12:20","modified_gmt":"2019-01-09T06:12:20","slug":"nifty-overview-for-jan-9-2019-by-indianivesh","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/","title":{"rendered":"Nifty Overview for Jan 9, 2019 by IndiaNivesh"},"content":{"rendered":"<p style=\"text-align: center\"><strong>Mehul Kothari<\/strong><br \/>\n<strong>Senior Technical Analyst &#8211; Equity, IndiaNivesh<\/strong><\/p>\n<p style=\"font-weight: 400\">In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the price structure. Thus, we reiterate our view that the price structure indicates both lower and upper ranges are contracting and taking shape of a triangle pattern. A breakout on either side from this pattern shall dictate the further trend.<\/p>\n<p style=\"font-weight: 400\">On the upside, positive momentum might continue only above 10923 mark which could take the index towards psychological level of 11000. On broader time frame, the support of 10330 has now shifted to 10530.<\/p>\n<p style=\"font-weight: 400\">A decisive move below the same might end the bullish trend for the time being. Intermediate support is now at the lower range of triangle which is Friday&#8217;s low of 10628. At this juncture, we advise traders to remain stock specific but avoid over leveraged positions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mehul Kothari Senior Technical Analyst &#8211; Equity, IndiaNivesh In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the price structure. Thus, we reiterate our view that the price structure indicates both lower and upper ranges are contracting and taking shape of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[3164,3163],"class_list":["post-3431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion-makers","tag-lower-and-upper-ranges","tag-trading-range"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nifty Overview for Jan 9, 2019 by IndiaNivesh - Finance Intellect<\/title>\n<meta name=\"description\" content=\"In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the price structure. Thus, we reiterate our view that the price structure indicates both lower and upper ranges are contracting and taking shape of a triangle pattern. A breakout on either side from this pattern shall dictate the further trend.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nifty Overview for Jan 9, 2019 by IndiaNivesh - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the price structure. Thus, we reiterate our view that the price structure indicates both lower and upper ranges are contracting and taking shape of a triangle pattern. A breakout on either side from this pattern shall dictate the further trend.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-09T06:12:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/Nifty-Overview.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FI Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fin_Intellect\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FI Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\"},\"author\":{\"name\":\"FI Online\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"headline\":\"Nifty Overview for Jan 9, 2019 by IndiaNivesh\",\"datePublished\":\"2019-01-09T06:12:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\"},\"wordCount\":152,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/Nifty-Overview.jpg\",\"keywords\":[\"lower and upper ranges\",\"trading range\"],\"articleSection\":[\"Intellect Views\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/\",\"name\":\"Nifty Overview for Jan 9, 2019 by IndiaNivesh - Finance Intellect\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/nifty-overview-for-jan-9-2019-by-indianivesh\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/Nifty-Overview.jpg\",\"datePublished\":\"2019-01-09T06:12:20+00:00\",\"author\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"description\":\"In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the price structure. 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