NIFTY 50 VIEW
Nifty 50 (11470)
• Nifty has hold its support zone of 11320-11340 on every fall which was delivered due to global political issues.
• It has closed with a ‘spinning top’ kind of candle formation and traded in the range of previous week.
• Now on breaking above 11500, it can show 11560-11610.
• Break down below 11320, it can show 11280-11240.
• Momentum in the index is positive.
Nifty 50 (11470)
• Nifty has hold its support zone of 11320-11340 on every fall which was delivered due to global political issues.
• It has closed with a ‘spinning top’ kind of candle formation and traded in the range of previous week.
• Now on breaking above 11500, it can show 11560-11610.
• Break down below 11320, it can show 11280-11240.
• Momentum in the index is positive.
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