Nifty

Updated
Nifty is likely to open lower which is clear from opening session but pitchfork was already indicating levels of 8350-8280 on chart. 8260-8270 will have to be observed. If it breaks then market is likely to head lowers otherwise we will see rebound from this zone for 9300-9700 levels.
Trade active
Index didn't take support at 8270. Now wait for 8090-8100 zone.
Trade closed manually
Couldn't capture the trade. Touched 8240 and then bounced to 8600
Chart PatternsTechnical IndicatorsNIFTYTrend Analysis

Also on:

Related publications

Disclaimer