Monday, 20 July 2015

TECHNICAL VIEW

Nifty 

● 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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