Monday, 13 August 2018

NIFTY 50 VIEW

Nifty 50 (11429)

• Nifty is in uptrend format and heading towards 11600-11700 in this week.

• The index has cooled down to its support levels and can further show levels of 11400-11340-11240 in this week. 

• All these support levels are bounce back zones it can be used as buying dips for the targets of 11600-11700. 

• Below 11000 can be cautious zone if breaks on closing basis.

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