NIFTY VIEW:
Nifty 50 (8261 )
Nifty again pulled back from the support zone 8040..8080 levels and gave a good close above 8250 with a high of 8274.
8270..8300 is stiff resistance on positional charts, nifty if crosses this on closing basis
It will act as a support uptrend can resume in market If faces resistance here @ 8270..8300 it can again show 8100..8080 levels.
Short term upside levels can be 8350..8420
Any dip towards support zone is 8200...8120 levels are buying opportunities
Close below 8040 are signs of downtrend signals
Nifty 50 (8261 )
Nifty again pulled back from the support zone 8040..8080 levels and gave a good close above 8250 with a high of 8274.
8270..8300 is stiff resistance on positional charts, nifty if crosses this on closing basis
It will act as a support uptrend can resume in market If faces resistance here @ 8270..8300 it can again show 8100..8080 levels.
Short term upside levels can be 8350..8420
Any dip towards support zone is 8200...8120 levels are buying opportunities
Close below 8040 are signs of downtrend signals
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