MDstockmagic

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.