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AnandBhatBantwal
Jul 7, 2021 10:47 AM

Will Nifty make a new All time high on 08-07-2021??? 

Nifty 50 IndexNSE

Description

Nifty Closed today (07-07-2021) inside the resistance band.

If we have a flat or gap-up opening tomorrow (08-07-2021) then 15850 will be dynamic support.
Since the resistance band is tested 4-5 times this month, there is a high probability of breakout.

Things that can stop upward movements are FII bears and Global Cues before the market open.

On the downside, 15760-15740 is the temporary support zone, and 15660 being strong support.
Comments
sanketsudan
May not be so as expiry factors will control Nifty movement. Nifty should close around 15800 as per options data.
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