Wednesday, 17 February 2016

NIFTY VIEW @ 09:08

Nifty 50 (7048)

Nifty has a major support and reversal zone  around (6860..6880)
It had hold and showed some positive move on Friday 12 Feb
Yesterday 15 Feb it again showed selling pressure but still has maintained its reversal signal 
Today if nifty breaks 7020..7040 zone we can see it falling again to 6944...6925...and the bounce back zone 6860..6880.

Any close below the bounce back zone 6880..6860 can take nifty to 6813...6730..6620

Maintains above 7020...7120 we can see 7240...7320

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