Thursday, 19 January 2017

NIFTY VIEW:

Nifty 50 (8417)

Nifty has been consolidating from last 4..5 trading days and is not able to close above 8440 the stiff resistance zone .

It can cool down to its positional support zone of 8270..8300 this dip can be a buying opportunity.

To catch its uptrend it has to close above 8440 and cross 8461 to show 8500 ..8540..8580.

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