Monday, 10 August 2015

CNX nifty (8564)


INTRADAY VIEW 

If nifty maintains above 8540 for today and crosses above 8590..8610 zone of resistance we can see it rising upto 8650
If breaks 8540 we can see it falling upto 8490..8450 support levels.


POSITIONAL VIEW 

● Trend is up 

● We can see it can rise near its all time high as positive patterns are active 

● Strong support lies around  8300..8400..8500 lvls 

● Resistance 8660 

● If breaks support of 8300 we can see some selling pressure.

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