nifty view

NSE:NIFTY   Nifty 50 Index
208 2 4
Comment: resitance card work well
the 60m sz is very difficult to overcome as of has also formed another sz in the middle..I consider the green candle of yesterday to be a sz as on the left we do not have any corresponding levels. Today when the nifty hit that zone, it came down twice..but engulfing has not happened on daily chart to consider the trend as downward though everything is pointing towards it..Institutions would make loads of money and they would purchase at the bottom by which time retailers would have lost their money..patience is required..
rupambose32 Gururajr
@Gururajr, yes
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