Monday 23 November 2015

NIFTY UPDATE

Nifty 50(7856)

Positional view

As mentioned last week  we can see a pullback in nifty upto 7920..40 zone if holds the support of 7700 we saw a high of 7906

This week if nifty manages to close above 7940 zone we can see 8110 

To stay in this pull back trend nifty has to maintain above 7840 Weekly closing is above 7840

Being an expiry week volatility can be high..

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