"BUY NIFTY ABOVE 7830 TG 7880/7900"
Nifty future continued the upswing and tested the resistance
region around 7857 before giving a major pull back to close the session off the
high of the day but with gaining. A
decisive breach of 7830 will lead to fresh strongness and then a test of the
7900-7970 region and above that 8000 could also be a possibility.
Level 8000-8100 is now the important hurdle and must be taken out for any show of strength by the bulls but the real test of strength will be around range 8200-8260 which may act as a critical zone to watch out for now and must be crossed decisively for signal that it is on the path to recovery.
Level 8000-8100 is now the important hurdle and must be taken out for any show of strength by the bulls but the real test of strength will be around range 8200-8260 which may act as a critical zone to watch out for now and must be crossed decisively for signal that it is on the path to recovery.
RESIATANCE; 7860,
7950, 8000
SUPPORT;
7725, 7650, 7600
No comments:
Post a Comment