NIFTY 50 VIEW
Nifty 50 (10316)
• Nifty has broken mostly all supports last week crossing the weekly range and completing its monthly range on the 5th of the month.
• There are no signs of recovery and downtrend still prevails in the index.
• It can slip to 10000-9950 zone very soon can bounce from there.
• Resistance lies at 10500-10600.
• Opening next week and closing on Monday can further show the direction in market.
Nifty 50 (10316)
• Nifty has broken mostly all supports last week crossing the weekly range and completing its monthly range on the 5th of the month.
• There are no signs of recovery and downtrend still prevails in the index.
• It can slip to 10000-9950 zone very soon can bounce from there.
• Resistance lies at 10500-10600.
• Opening next week and closing on Monday can further show the direction in market.
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