Nifty opened with a
downfall and continous faced selling pressure amidst the price action while
closing just above 6141 which is the 61.8 percent retracement levels of the
entire upmove from 5970 to 6415. Till Price Index Holds 6150-6160 levels and is
witnessed likely to bounce back upto 6230-6240 levels.
Suppose the Index
breaks below 6150 and sustains below it,
its likely to push prices lower upto 6060 level. Resistance would sustain at
6230-6240 level and continue to the same, could lead the recovery upto
6275-6308 level.
worried about today....
ReplyDeletethank u for the nifty tips....
ReplyDelete