NIFTY VIEW @ 09:07
Nifty 50 (7962)
Nifty in last two days broke the support level of 7840..7870 zone but did not close below it and yesterday rose above the stiff resistance level of 7946 on closing basis with a big Marubozu candle.
Today if breaks the high of 7980 it can show 8060.
[Levels given in our weekly report].
If fails to cross and maintain on closing basis above 7980 it can again come down to its support level of 7920 ...7860
Nifty 50 (7962)
Nifty in last two days broke the support level of 7840..7870 zone but did not close below it and yesterday rose above the stiff resistance level of 7946 on closing basis with a big Marubozu candle.
Today if breaks the high of 7980 it can show 8060.
[Levels given in our weekly report].
If fails to cross and maintain on closing basis above 7980 it can again come down to its support level of 7920 ...7860
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