Nifty view

MDstockmagic Updated   
NSE:NIFTY   Nifty 50 Index
nifty immediate resistance 16710--16720
being golden ratio and planetary level
and support near 16500

planetary levels are able to give century move
its jumping/dumping levels 16710--16720

Comment: stay cautious after 10 am today
weakness possible
Comment: nifty touched the planetary level zone 16710-720 and
slipped to 16630
Comment: planetary level has history of century move....

today also nifty slipped from 16712 to 16617 till now (almost century)
Comment: retailers went super bullish in 16620-16720 zone and this given opportunity to big players fii and pro to create panic.... expecting dip below 16620


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