NIFTY 50 VIEW
Nifty 50 (11278)
• Nifty showed a robustic move last week with a gap up opening on Friday and new high of 11283.40.
• Nifty is now ready for a new rally, If maintains above 11180.
• It can face resistance at 11344-11404 the positional resistance levels to just hold the rally of last week but positionally all dips can be used as buying opportunities for positional traders with the support of 10920-10900 zone.
• Short term support zone is 11110-11160.
Nifty 50 (11278)
• Nifty showed a robustic move last week with a gap up opening on Friday and new high of 11283.40.
• Nifty is now ready for a new rally, If maintains above 11180.
• It can face resistance at 11344-11404 the positional resistance levels to just hold the rally of last week but positionally all dips can be used as buying opportunities for positional traders with the support of 10920-10900 zone.
• Short term support zone is 11110-11160.
Hey, thanks for the information. your posts are informative and useful.
ReplyDeleteBajaj Finance