Monday, 29 January 2018

NIFTY 50 VIEW

Nifty (11069)

• Nifty has made a weekly close with a new positive pattern on its new high. This pattern is showing 300 points of rally in coming week on trading above 11120 and show 11300-11400-11000-11020 will act as support for the week. 

• Heading towards budget on 01st Feb traders should keep long positions light in the later part of the week i.e till Thursday.

• Resistance zone for intraday is 11144-11230.

• Support is 11040-11020, if trades below 11000, it can slide to 10950-10880.
[08:44, 1/29/2018] +91 82962 43481: 

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