Support taken
Updated
Nifty has failed to break 11235 and has taken it's support. So, this is where it might bounce back to 11550-11600. If you wanna book profit, book it now....
My view is still Bearish, I doubt if it will break it's resistance at 11550, so most probably, once it touches resistance, it will once again start dropping for 11000...
So, wouldn't suggest to go long...
My view is still Bearish, I doubt if it will break it's resistance at 11550, so most probably, once it touches resistance, it will once again start dropping for 11000...
So, wouldn't suggest to go long...
Trade active
As expected, Nifty continued it's bounce back today. However, it wasn't able to break it's resistance 11450 today. It might just break it tomorrow.Do not go long, sentiment is still bearish...
Trade active
As expected, Nifty successfully breached 11450. It might go for 11550 or more but, I still am Bearish...Trade active
It's been 6 days of rising, may reverse any day...
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