11 Jan Monday view  @ 8.55

Nifty 50 (7601)

As mentioned in our reports we are in a downtrend channel we can see today nifty breaking its support of 7530...7550 zone 

If nifty maintains below 7500 on closing basis we can see 7400... 7200 in coming days 

Expectation of reversal can be assumed around 7400...7200...6980


TUESDAY VIEW 12 JAN

Intraday view 

Imp level 7540..7560 

above this it can go 7600...7614 

Below this we can see 7530...7460