Monday 7 May 2018

NIFTY 50 VIEW

Nifty 50 (10614)

▪Nifty on Friday traded in selling trend and closed near its bounce back zone  of 10600-10650.

▪After a rally of 5 weeks nifty has closed with an inverted kind of candle pattern in weekly charts and it can shed to support levels of 10500-10480 in this week, if trades below 10600.

▪Levels for today 
Support @ 10580- 10560.
Resistance 10640- 10680.

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