Thursday, 17 November 2016

NIFTY VIEW:

Nifty 50 ( 8111)

Nifty is trading near its bounce back zone of 8070..8100.

It can reverse from here to 8280..8300,if maintain above 8140. 

Any close below 8070..8060 it will enter  can slide it to 8000..7900 zone 

If nifty maintains below  7900..8100 zone it enters into a free fall zone which can be very sharp to 7400..7300 

Close abv 8300..8320 can show upmove to 8600

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