NIFTY 50 VIEW
Nifty 50 ( 9525)
Nifty can show today a gap-down opening as sgx is trading @ 9477
Today's gap down can act as buying dip for investors.
Closing below 9340..can reverse the uptrend.
As mentioned yesterday and before 9540 is the completion of the monthly range of nifty it made a high of 9532.
To resume to uptrend nifty has to trade above 9540 on closing basis
As of now it is acting as resistance level.
Nifty 50 ( 9525)
Nifty can show today a gap-down opening as sgx is trading @ 9477
Today's gap down can act as buying dip for investors.
Closing below 9340..can reverse the uptrend.
As mentioned yesterday and before 9540 is the completion of the monthly range of nifty it made a high of 9532.
To resume to uptrend nifty has to trade above 9540 on closing basis
As of now it is acting as resistance level.
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