NIFTY 50 VIEW
Nifty 50 (10452)
• Nifty opened with a new high of 10461 but shed down to support levels of 10400. It resumed in the later part of the day.
• It is showing positive pattern formation in positional charts.
• Nifty on holding 10440 it can show 10474-10497 (intraday), 10550-10668 in this week.
• If nifty breaks 10400, it can slide to 10380 and can slide further to fill the gap of 10367-10383.
• 10340-10360 can act as a bounce back zone.
Nifty 50 (10452)
• Nifty opened with a new high of 10461 but shed down to support levels of 10400. It resumed in the later part of the day.
• It is showing positive pattern formation in positional charts.
• Nifty on holding 10440 it can show 10474-10497 (intraday), 10550-10668 in this week.
• If nifty breaks 10400, it can slide to 10380 and can slide further to fill the gap of 10367-10383.
• 10340-10360 can act as a bounce back zone.
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