NIFTY 50 VIEW
Nifty (10666)
Nifty gave a gap down opening today but has given a close with a positive pattern formation above the support level of 10552.
If nifty gives a gap up opening reversal will be active, if nifty trades also above 10700 and fills the gap of 10736-10700, it can rise to 10764-10800.
On trading below 10550, it can again enter into new selling zone and show 10536-10420.
Nifty (10666)
Nifty gave a gap down opening today but has given a close with a positive pattern formation above the support level of 10552.
If nifty gives a gap up opening reversal will be active, if nifty trades also above 10700 and fills the gap of 10736-10700, it can rise to 10764-10800.
On trading below 10550, it can again enter into new selling zone and show 10536-10420.
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