NIFTY 50 VIEW:
[8391]
NIFTY HAS HOLD ITS SUPPORT OF 200 DMA AT 8316, AND HAS GIVEN A CLOSE WITH A MARUBOZU CANDLE.
NOW IF NIFTY TRADES ABOVE 8406 & CROSSES 8430-8440 ZONE [STIFF RESISTANCE] ON MAINTAINED BASIS, IT CAN SHOW 8470-8500.
IF TRADES BELOW 8310, IT CAN SLIDE DOWN TO 8270-8240 AREA.
[8391]
NIFTY HAS HOLD ITS SUPPORT OF 200 DMA AT 8316, AND HAS GIVEN A CLOSE WITH A MARUBOZU CANDLE.
NOW IF NIFTY TRADES ABOVE 8406 & CROSSES 8430-8440 ZONE [STIFF RESISTANCE] ON MAINTAINED BASIS, IT CAN SHOW 8470-8500.
IF TRADES BELOW 8310, IT CAN SLIDE DOWN TO 8270-8240 AREA.
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