Cnx nifty (8171)
Nifty has made a gap and island pattern yesterday which says selling can take its turn .It has also given a close below 8200 important level
As mentioned earlier close below 8200 can show selling we can see selling pressure
Until nifty fills the two small gaps
8252...8241
8217..8209
We cannot see any uptrend
Sell on rise will be the strategy till we see a close above 8244..80 levels Today below 8150 we can see 8040
Above 8210 we can see 8240...69..86 levels
Nifty has made a gap and island pattern yesterday which says selling can take its turn .It has also given a close below 8200 important level
As mentioned earlier close below 8200 can show selling we can see selling pressure
Until nifty fills the two small gaps
8252...8241
8217..8209
We cannot see any uptrend
Sell on rise will be the strategy till we see a close above 8244..80 levels Today below 8150 we can see 8040
Above 8210 we can see 8240...69..86 levels
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