Nifty Analysis
NIFTY ANALYSIS:
NIFTY CLOSE 6981.2
NIFTY FRIDAY NOT ABLE TO CROSS 7042
✳FRESH UPMOVE ONLY ABOVE 7042» WHICH WILL MOVE MKT UPSIDE TOWARD 7173-7253-7437
UNLESS NOT CROSSING 7042 NIFTY WILL NOT BE ABLE TO SUSTAIN UPSIDE AND WILL DRIFT MKT DOWNSIDE WHERE SUPPORT LIES 6764
HERE MKT LIKELY SO GOOD MOVEMENTUM FOR UPSWING... FROM THIS LEVEL IF COME WHICH WILL LEAD MKT TOWARD 7042-7173-7253
USE OPPORTUNITY TO ADD LONG ON DOWNSIDE IN PANIC DONT SHORT AT LOWERLEVEL AS MENTION NOT CROSSING 7042 UPTO THIS LEVEL MKT WILL FACE PROBLEM OF SUSTIANING HIGHERLEVEL SIDE ONCE CROSS RALLY WILL FOR THE UPMOVE WILL BE FAST AND SHARP TOWARD 7173-7253-7437
✳BANK NIFTY» 13930
SZ or Resistance at 14329>14774-14996
DZ or Support 13880-13550-13330
USE OPPORTUNITY TO GO LONG AT DEEP RATHER TO SHORT LOWER LEVEL
NIFTY CLOSE 6981.2
NIFTY FRIDAY NOT ABLE TO CROSS 7042
✳FRESH UPMOVE ONLY ABOVE 7042» WHICH WILL MOVE MKT UPSIDE TOWARD 7173-7253-7437
UNLESS NOT CROSSING 7042 NIFTY WILL NOT BE ABLE TO SUSTAIN UPSIDE AND WILL DRIFT MKT DOWNSIDE WHERE SUPPORT LIES 6764
HERE MKT LIKELY SO GOOD MOVEMENTUM FOR UPSWING... FROM THIS LEVEL IF COME WHICH WILL LEAD MKT TOWARD 7042-7173-7253
USE OPPORTUNITY TO ADD LONG ON DOWNSIDE IN PANIC DONT SHORT AT LOWERLEVEL AS MENTION NOT CROSSING 7042 UPTO THIS LEVEL MKT WILL FACE PROBLEM OF SUSTIANING HIGHERLEVEL SIDE ONCE CROSS RALLY WILL FOR THE UPMOVE WILL BE FAST AND SHARP TOWARD 7173-7253-7437
✳BANK NIFTY» 13930
SZ or Resistance at 14329>14774-14996
DZ or Support 13880-13550-13330
USE OPPORTUNITY TO GO LONG AT DEEP RATHER TO SHORT LOWER LEVEL
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