Nifty EOD 29.9.2020
After respecting conferencing weekly and daily support zone nifty has managed to clear 1st resistance 11112 the consequently 11259 and then 11302. If we try to club the events, then one support had a enough strength of removing 3 resistances in last 3 days of up move. Now considering the volume activity today’s low will be important. After a while from March end during this up move such a thick weekly resistance zone has been formed. As of now I am still having bias on positive side for nifty due to last 3 days volume tagging. I am now neutral to overall positive in my bias
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