NIFTY VIEW:
Nifty 50 (8866)
Nifty has closed below 8900 and with an inverted hammer so some cooling down can be seen.
Short term support is 8800..8700 if holds here can bounce back and if maintains above 8900 on closing basis for the uptrend to resume.
Positional support is still 8460..8440 zone.
Resistance is 9000..9140..
Nifty 50 (8866)
Nifty has closed below 8900 and with an inverted hammer so some cooling down can be seen.
Short term support is 8800..8700 if holds here can bounce back and if maintains above 8900 on closing basis for the uptrend to resume.
Positional support is still 8460..8440 zone.
Resistance is 9000..9140..
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