Monday 21 May 2018

NIFTY 50 VIEW

Nifty 50 (10596)

▪Nifty has formed selling patterns last week and showing signals of sliding to support levels of 10480-10360 in this coming week.

▪Important bounce back or pull back zones can be 10530- 10450

▪Closing above 10750, is important to show uptrend pull back.

▪Resistance levels lies at 10820-11000.

Intraday resistance are 10650- 10700- 10790.

Support levels are 10565-10534.

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