NIFTY 50 VIEW
Nifty (10348)
▪Nifty yesterday broke weekly low of 10250 and formed a new low of 10198 with a hammer doji positive candle formation.
▪Today, to reverse into uptrend it has to trade above 10400 and show 10430-10470-10500, holding lows of yesterday 10198.
▪Trading below 10190 can bring the selling pressure back in the market and it can fall to 10120-9950.
Nifty (10348)
▪Nifty yesterday broke weekly low of 10250 and formed a new low of 10198 with a hammer doji positive candle formation.
▪Today, to reverse into uptrend it has to trade above 10400 and show 10430-10470-10500, holding lows of yesterday 10198.
▪Trading below 10190 can bring the selling pressure back in the market and it can fall to 10120-9950.
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