Monday 29 January 2018

NIFTY 50 VIEW

Nifty (11069)

Nifty has made a weekly close with a new positive pattern on its new high. This pattern is showing 300 points of rally in coming week on trading above 11120 and show 11300-11400-11000-11020 will act as support for the week. 

Heading towards budget on 01st Feb traders should keep long positions light in the later part of the week i.e till Thursday.

Resistance zone for intraday is 11144-11230.

Support is 11040-11020, if trades below 11000, it can slide to 10950-10880.
[08:44, 1/29/2018] +91 82962 43481: 

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