NIFTY 50 VIEW
Nifty 50 (9914)
Nifty showed good uptrend momentum after the RBI policy announcements of unchanged rate but gave a neutral kind of close.
To maintain the uptrend it has to cross 9940-9980 with good volumes and rise towards 10000 once again.
If nifty fails to manage above 9940, and faces resistance there it can slide down to 9850-9790.
Nifty 50 (9914)
Nifty showed good uptrend momentum after the RBI policy announcements of unchanged rate but gave a neutral kind of close.
To maintain the uptrend it has to cross 9940-9980 with good volumes and rise towards 10000 once again.
If nifty fails to manage above 9940, and faces resistance there it can slide down to 9850-9790.
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