Monday 20 February 2017

NIFTY 50 VIEW

Nifty 50 (8821)

Nifty 50 had shown a good gap up opening on friday but did not maintain @ higher levels and slide down to 8800..8820 levels on closing basis with a neutral doji on weekly charts.

If nifty trades below 8800..8820 zone it can slide to 8700 again.

If maintains above 8820..8830 zone it will rise higher to 8880..8900 zone.

Being an expiry week volatility can be seen in markets.

No comments:

Post a Comment