NIFTY 50 VIEW ON 12/02/2018
Nifty 50 (10454)
🔲Nifty gave a gap down opening on Friday but pulled back from lower levels as it was a strong bounce back zone.
🔲Nifty has covered the monthly range downside and now is near it's positional support zone.
🔲This week it's important to cover the gap of 10700-10740.
🔲On trading above 10740 charts will enter into a positive pattern formation and nifty will move towards new high.
🔲Closing below 10300 it can still lower levels of 10000
🔲Intraday resistance zones are 10520..10600...10680
🔲Support lies @ 10400..10360..10290
Nifty 50 (10454)
🔲Nifty gave a gap down opening on Friday but pulled back from lower levels as it was a strong bounce back zone.
🔲Nifty has covered the monthly range downside and now is near it's positional support zone.
🔲This week it's important to cover the gap of 10700-10740.
🔲On trading above 10740 charts will enter into a positive pattern formation and nifty will move towards new high.
🔲Closing below 10300 it can still lower levels of 10000
🔲Intraday resistance zones are 10520..10600...10680
🔲Support lies @ 10400..10360..10290
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