Friday 17 August 2018

NIFTY 50 VIEW

Nifty 50 (11385)

▪Yesterday nifty opened near support levels of 11400 and rose to 11449 but gave a close with an inverted hammer formation.

▪Today if it hold the zone of 11340-11360 and breaks above 11450 uptrend can resume to show 11480-11540.

▪But if breaks 11340, it can slide to 11320-11240.

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