NIFTY ------------------------ NIFTY MAKING NEW HIGHS IN THE PAST ONE WEEK. LAST TWO MISSED THE SEQUENCE. HOPE TODAY IT MAY MAKE A NEW HIGH.
ANALYSIS ------------------------ NIFTY IS TRADING NEAR THE RESISTANCE 15816. IF WE SEE ANY WEAKNESS AROUND THIS RESISTANCE, WE CAN SELL FOR TARGET OF 15756.
SIMILARLY, 15756 IS A GOOD SUPPORT. IF WE SEE ANY STRENGTH AROUND THIS SUPPORT, WE CAN BUY FOR TARGET OF 15816.
IF NIFTY BREACH 15816, AND RETEST, THEN WE CAN BUY FOR INVISIBLE TARGET. IF NIFTY BREACH 15756, AND RETEST, THEN WE CAN SELL FOR TARGET OF 15716 / 15649.
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