Friday, 17 July 2015

NIFTY TECHNICAL VIEW

  • After a rally from 8300 to 8600 last week , we can see some retracement in price below 8590 to 8480 levels.
  • Strong support lies around 8440 to 8480 zone. 
  • Positional charts are showing that Nifty can go towards its new high,{Resistance 8800}.   
Bank Nifty :- 
  • It has given a breakout around 19000.
  • It can show, 20500 in coming week .
  • {19400-19800 resistance zone}
  • 18400-18800{support zone}





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