NIFTY VIEW @ 08:00

Nifty 50 ( 7912)

Nifty has made a selling pattern of two tweezer top.

But it has closing above its strong support zone of 7840..7870.

 If holds this it can cross  the resistance zone of 7940..7980.

Any close above resistance 7940..7980 zone can show uptrend resuming

Any close below support zone 7840..7870,
Nifty enters into downtrend..