NIFTY 50 VIEW
Nifty 50 (10801)
▪Nifty yesterday showed very good momentum in the first hours of the day but failed to hold higher levels on closing basis infact gave a closing with an inverted hammer pattern formation.
▪Today if trades below 10800, it can slide to 10745-10690.
▪On trading above 10840, uptrend can again catch momentum and it can show 10890- 10920- 10980.
Nifty 50 (10801)
▪Nifty yesterday showed very good momentum in the first hours of the day but failed to hold higher levels on closing basis infact gave a closing with an inverted hammer pattern formation.
▪Today if trades below 10800, it can slide to 10745-10690.
▪On trading above 10840, uptrend can again catch momentum and it can show 10890- 10920- 10980.
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