NIFTY BROKE THE SUPPORT LEVEL OF 11050 AND NOW HEADING TOWARDS THE DEMAND ZONE (10800-10850)
ALSO THERE IS TREND-LINE SUPPORT ON DAILY CHART NEAR THAT LEVELS
WE MAY SEE A BOUNCE BACK FROM THESE LEVELS OF 10800-10850
IN CASE IF HEAVY SELLING COMES AND BREAKS THE DEMAND ZONE AND TREND-LINE SUPPORT WE MAY SEE THE LEVELS OF 10400-10485 AS THERE IS A GAP PENDING AS SHOWN IN CHART
THIS IS JUST MY VIEW AND I DONT SUGGEST ANY BUYING OR SELLING, TRADE ACCORDING TO YOUR RISK CAPACITY
ALSO THERE IS TREND-LINE SUPPORT ON DAILY CHART NEAR THAT LEVELS
WE MAY SEE A BOUNCE BACK FROM THESE LEVELS OF 10800-10850
IN CASE IF HEAVY SELLING COMES AND BREAKS THE DEMAND ZONE AND TREND-LINE SUPPORT WE MAY SEE THE LEVELS OF 10400-10485 AS THERE IS A GAP PENDING AS SHOWN IN CHART
THIS IS JUST MY VIEW AND I DONT SUGGEST ANY BUYING OR SELLING, TRADE ACCORDING TO YOUR RISK CAPACITY
Commentaire:
Closing above 11050 is good for bulls
Commentaire:
Expecting expiry ( 11200-11300 )
Trade accordingly
Trade accordingly