Friday 26 October 2018

NIFTY 50 VIEW

Nifty 50 (10124)

▪Nifty yesterday though being expiry day traded in a very narrow range 10079-10166.

▪It formed a new 52 week low but failed to sustain below the lower levels.

▪10020 is weekly bounce back zone if holds this and trades above 10130, it can show 10166..10214..10304

▪Trading below 10070, it can slip to 10000...9940 (the last hope of support).

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