bijoy2526

Nifty could not sustain at higher level

NSE:NIFTY   Nifty 50 Index
It seems global factors are not supporting Indian stock market.
it seems further correction is due before we can get another uptrend.
today nifty formed higher high and lower low compared to yesterday.
It seems if it breaks today's low next support comes at 10520 and then 10458 -10435.
on the upside it may face resistance at 10698-10761-10798.
Due to expiry day there is likely to be much volatility .
my bias is negative as had broken weekly low and today's sell off at higher level.

Comments

I AGREE 10325 IS POSSIBLE TILL NEXT WEEK. BUT JULY EXPIRY MAY BE NEAR 11000.
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