Nifty 50 ( 7422)
Last week Nifty pulled back the fall of the week upto 7241 and gave a close with a doji
If nifty maintains above 7440 we can see a pull back upto its multiple resistance zone
7480..7530..7550...7620
Close and maintain above 7480 might break the resistance zone as we had been in selling pressure from long time the pull back can be sharp .
Weekly close will further decide the trend
Due to expiry week we might see volatality
If nifty maintains below 7400 the support zone we can again see 7240...and the selling trgts 7154..7130..7000..6900
Imp level is 7400..7440 zone
Last week Nifty pulled back the fall of the week upto 7241 and gave a close with a doji
If nifty maintains above 7440 we can see a pull back upto its multiple resistance zone
7480..7530..7550...7620
Close and maintain above 7480 might break the resistance zone as we had been in selling pressure from long time the pull back can be sharp .
Weekly close will further decide the trend
Due to expiry week we might see volatality
If nifty maintains below 7400 the support zone we can again see 7240...and the selling trgts 7154..7130..7000..6900
Imp level is 7400..7440 zone
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