NIFTY VIEW:
Nifty 50 (8615)
Nifty did not maintain above 8740 resistance level recommended and now is heading towards 8550 the bounce back zone.
Today being expiry day market can be volatile.
Closing and next day maintain below 8500 can slide down to 8300..8270 zone.
If holds 8500..8550 zone can bounce back to 8700 and this time can cross the hurdle of 8740.
Nifty 50 (8615)
Nifty did not maintain above 8740 resistance level recommended and now is heading towards 8550 the bounce back zone.
Today being expiry day market can be volatile.
Closing and next day maintain below 8500 can slide down to 8300..8270 zone.
If holds 8500..8550 zone can bounce back to 8700 and this time can cross the hurdle of 8740.
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