NIFTY 50 VIEW
Nifty 50 [9873]
Nifty showed momentum in the morning yesterday but did not cross the all time high of 9928 and settled @ 9922.
It is a double top kind of formation but had hold the support of 9860 with a low of 9863.
Now when nifty trades below 9863 it can slide to 9850..9840...9820.
But if manages above 9890 uptrend can resume again to show 9909-9920-9840-9980
Nifty 50 [9873]
Nifty showed momentum in the morning yesterday but did not cross the all time high of 9928 and settled @ 9922.
It is a double top kind of formation but had hold the support of 9860 with a low of 9863.
Now when nifty trades below 9863 it can slide to 9850..9840...9820.
But if manages above 9890 uptrend can resume again to show 9909-9920-9840-9980
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