NIFTY VIEW :
Nifty 50 (8678 )
Nifty yesterday did not maintain above 8730 and showed selling pressure.
It touched its support of 8637 and bounced back.
Charts are showing some cooling down signals can take place
if nifty maintains below 8630...and it can breach 8530 zone
Close below 8470..8500 will make selling pattern active
As in for now uptrend momentum will be active above 8730..8740 zone
Nifty 50 (8678 )
Nifty yesterday did not maintain above 8730 and showed selling pressure.
It touched its support of 8637 and bounced back.
Charts are showing some cooling down signals can take place
if nifty maintains below 8630...and it can breach 8530 zone
Close below 8470..8500 will make selling pattern active
As in for now uptrend momentum will be active above 8730..8740 zone
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