NIFTY 50 VIEW

NIFTY 50 [10570]

▪YESTERDAY, AFTER CONSOLIDATING THE ENTIRE TRADING SESSION, NIFTY SHED TO ITS SHORT TERM SUPPORT ZONE OF 10540, IN THE LAST HOUR OF TRADE.

▪NOW 10620-10540 ARE ACTING AS SHORT TERM RESISTANCE & SUPPORT RESPECTIVELY FOR THE INDEX.

▪IF IT MANAGES TO SUSTAIN ABOVE 10610-10620 LEVELS, IT CAN SHOW 10650-10670-10690 LEVELS.

▪ON TRADING BELOW 10540, IT CAN SLIDE TO 10530-10490 AREA.

▪TODAY, BEING APRIL SERIES EXPIRY, SESSION CAN BE MORE VOLATILE.