NIFTY 50 VIEW
Nifty 50 (10967)
▪Nifty yesterday broke it's bounce back zone of 11000 on closing basis.
▪Today if trades below 10940, it can shed to 10750-10700 the next bounce back zone.
▪Trading above 11040, can show pull back to 11108-11250.
▪The selling patterns are still active so sell on rise can be the strategy for the day.
Nifty 50 (10967)
▪Nifty yesterday broke it's bounce back zone of 11000 on closing basis.
▪Today if trades below 10940, it can shed to 10750-10700 the next bounce back zone.
▪Trading above 11040, can show pull back to 11108-11250.
▪The selling patterns are still active so sell on rise can be the strategy for the day.
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