NIFTY 50 VIEW

▪NIFTY SHOWED A WEAK TRADING SESSION ON FRIDAY & DRAGGED BY ALMOST 160 POINTS, ENDED AROUND DAY'S LOW.

▪AS PER CHARTS, ITS NOW TRADING JUST ABOVE ITS POSITIONAL SUPPORT ZONE OF 10160-10140. THIS AREA CAN ACTS AS A STRONG SUPPORT & BOUNCE BACK ZONE.

▪NIFTY CAN SHOW 10240-10280-10300 LEVELS TODAY.

▪BUT, IF FAILS TO HOLD THE SUPPORT, IT CAN SLIDE FURTHER TO 10100-10080 AREA.