Nifty chartview shows that, today after gapdown opening, Most likely nifty may recover for a short term pullback. Previous consolidation zone of 10600-10800 may act as strong support.
If selling is still strong, it may break that level and soon touch next support within next few days.
I will try to update nifty daily views daily here. These are just my views based on chart and educational and I can be wrong. Do your analysis before taking trades.
If selling is still strong, it may break that level and soon touch next support within next few days.
I will try to update nifty daily views daily here. These are just my views based on chart and educational and I can be wrong. Do your analysis before taking trades.
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Disclaimer: Author is not a sebi registered analyst. Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the trade.
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