NIFTY 50 VIEW
Nifty 50 (10378)
▪Nifty has given a close below 10400 with a formation of head and shoulder pattern which will be active on closing below 10270 to show 500 points down in coming days i.e 10000.
▪Yesterday nifty broke it's bounce back zone of 10380-10400 and made a low of 10302.
▪Today if it trades above 10400, again a pull back can be seen towards 10510-10610 levels.
▪On trading below 10380 it can shed to 10270-10240.
Nifty 50 (10378)
▪Nifty has given a close below 10400 with a formation of head and shoulder pattern which will be active on closing below 10270 to show 500 points down in coming days i.e 10000.
▪Yesterday nifty broke it's bounce back zone of 10380-10400 and made a low of 10302.
▪Today if it trades above 10400, again a pull back can be seen towards 10510-10610 levels.
▪On trading below 10380 it can shed to 10270-10240.
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