NIFTY 50 VIEW
Nifty 50 (11470)
▪Nifty yesterday again scalled up to a new high in opening hour but closed with a 'hanging man' candle pattern.
▪Today to again rise higher it has to trade above 11500 and show 11600 but the weekly range is over at 11490.
▪If it trades below 11450, it can shed to 11400-11350, its intraday bounce back zone.
Nifty 50 (11470)
▪Nifty yesterday again scalled up to a new high in opening hour but closed with a 'hanging man' candle pattern.
▪Today to again rise higher it has to trade above 11500 and show 11600 but the weekly range is over at 11490.
▪If it trades below 11450, it can shed to 11400-11350, its intraday bounce back zone.
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