Sachin_Ghodke
Short

Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis

NSE:NIFTY   Nifty 50 Index
Nifty index opened flattish but managed to hold its immediate support of 10680-10690 zones and headed towards 10766 Hurdles zones. And as BEARS are active on upper side, slashed BULLS to down marking their presence but BULLS Leads the rally and win yesterday round. It formed a Bullish Candle and almost engulfed the Bearish candle seen on the scale which suggests intact support at lower levels.
Now it interesting to look in this series the swings high of last 10784 to be maintained or not now…till it holds above 10680, it can extend its up move towards 10811 then 10842 levels while a hold below 10680 could drag it towards major support of 10638 - 10565 zones.
What would BEARS Do in his Next Attack on BULLS???
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Sachin
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