Tuesday 31 October 2017

NIFTY 50 VIEW

Nifty 50 (10363)

Nifty is trading near its positional resistance zone of 10376-10416.

Yesterday it crossed 10376 made a high of 10384 but did not close above 10376.

It has now formed 10340-10360 a support zone.

Today if it maintains above this it can cross 10376-10384 to show 10416.

If maintains below 10340, it can slide to 10320.

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