Monday 16 October 2017

NIFTY 50 VIEW

Nifty 50 (10167)

Nifty traded above its all time high and made a new high of 10191.

Now on maintaining above 10200 it can show  soon 10240-10376.

(Positionally for 6 months nifty can show 12000 which can be analysed by long term charts as it will enter into a new rally zone. On breaking of 9600 can be a sign of worry to watch where is holds).

For intraday, if trades below 10150 it can cool down to 10100.

On trading above 10200 it can show 10500.

No comments:

Post a Comment