NIFTY 50 VIEW
Nifty 50 (9359)
Nifty after the consolidation of four trading sessions has given close near its resistance zone of 9360..9370.
It has to cross and maintain above 9370 to show up-move towards 9420-9440.
As the consolidation in the range of 9270..9370 was maintained for many trading sessions the rally or breakthrough can be sharp.
Cautious
Nifty has formed three tops here @ 9367-9365 if did not cross the fall can be sharp and can take nifty to 9270-9100 too in coming days.
Nifty 50 (9359)
Nifty after the consolidation of four trading sessions has given close near its resistance zone of 9360..9370.
It has to cross and maintain above 9370 to show up-move towards 9420-9440.
As the consolidation in the range of 9270..9370 was maintained for many trading sessions the rally or breakthrough can be sharp.
Cautious
Nifty has formed three tops here @ 9367-9365 if did not cross the fall can be sharp and can take nifty to 9270-9100 too in coming days.
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