Thursday, 3 September 2015

Cnx Nifty (7717)

INTRADAY VIEW

Today we can see a pull back in nifty to 7880/7920

As mentioned earlier 
Strong support lies around 
7660..7625..7614 ...7550

If breaks 7540 we can see further lower levels 

POSITIONAL VIEW


Trend is down we can see 7400..7300..6800..6600
Sell on rise should be the strategy until nifty shows any sign of reversal and uptrend resuming 
Strong Resistance
8100..8240...8320..8440

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