NIFTY VIEW:
Nifty 50 (7985)
Nifty showed holding support signals as 7900..7940 is historical bounce back zone on friday but gave a close with a neutral doji.
Being an expiry week most trading sessions can be volatile.
Last hope of support to hold the selling pressure of last trading days is 7880..7940 zone.
Close and maintain below 7870 can show 7540- 7300 in coming months.
Resistance zone lies @ 8000...8270..8300.
Nifty 50 (7985)
Nifty showed holding support signals as 7900..7940 is historical bounce back zone on friday but gave a close with a neutral doji.
Being an expiry week most trading sessions can be volatile.
Last hope of support to hold the selling pressure of last trading days is 7880..7940 zone.
Close and maintain below 7870 can show 7540- 7300 in coming months.
Resistance zone lies @ 8000...8270..8300.
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