NIFTY 50 VIEW
Nifty 50 (10762)
▪Nifty is forming an upward channel formation in daily charts and with high volatility as it is heading towards expiry.
▪Breakout or breakdown from this channel will decide the further trend in the index.
▪10690 is acting as major support from last week, 10840 is acting as major resistance.
▪Above 10840, it can show 10872.
▪Below 10690, it can slide to 10650.
Nifty 50 (10762)
▪Nifty is forming an upward channel formation in daily charts and with high volatility as it is heading towards expiry.
▪Breakout or breakdown from this channel will decide the further trend in the index.
▪10690 is acting as major support from last week, 10840 is acting as major resistance.
▪Above 10840, it can show 10872.
▪Below 10690, it can slide to 10650.
No comments:
Post a Comment