NIFTY 50 VIEW
Nifty 50 (8502)
Nifty showed its strong move as recommended and formed Three white soldiers candle pattern formation.
Yesterday SGX Nifty again showed good move and today Nifty can show again a gap up opening.
If nifty maintains the gap and trades above 8622 it can show
8880 in coming days and head towards *NEW HIGH*in this rally with a gap and island formation
If Nifty opens high and trades below 8600 it can cool down to 8520....8500 support zone and bounce back to 8612..8622.
Nifty 50 (8502)
Nifty showed its strong move as recommended and formed Three white soldiers candle pattern formation.
Yesterday SGX Nifty again showed good move and today Nifty can show again a gap up opening.
If nifty maintains the gap and trades above 8622 it can show
8880 in coming days and head towards *NEW HIGH*in this rally with a gap and island formation
If Nifty opens high and trades below 8600 it can cool down to 8520....8500 support zone and bounce back to 8612..8622.
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