Nifty close at 7814 above 1.04 percent
on weekly basis but falls sharply on daily basis on last trading
days of week and closes below 1 percent on daily chart. Nifty made
spinning top on weekly chart we may see clearly bearish candle on
weekly chart as lower top and lower bottom continues and nifty still
closed below the upper trendline that means it is indication of
weak signal or we can say that bears are trying to taking control
over bull market.but if we talk about level then i can say that 7679
is strong support if nifty brakes this level and closes continuously
below 7679 then downtrend will continues.
Trade in this below range for week:
If nifty spot above 7793 then 7908 and
closing sustain above this level level then 7991
If Nifty spot below 7755 then 7704 and
if closing sustain below then 7591
No comments:
Post a Comment