Nifty index Gap opened witnessed sustained buying interest for the 3rd trading session of week. Bulls rallied to the Hurdles around 10222 level but in the mid-session Bear is the strategic warrior who waited for the perfect timing shot to hit the Bulls at this levels. Pushing down index around 80 points from top in intraday the Fight continues and was promising for the bulls to stay in positions. Nifty 50 Index on Daily chart formed inverted hammer look like spinning with long wick.
Now this above setup shows favors in bears to march over bulls but could be tuff at the level around 10100 zones, Once it weaken then the Bears will Roar and show the BEAR Power again. The Hurdles for index are 10178-10212 and support at 10094-10064
Please Like, Share your views
Thank you God Bless You
Sachin
Now this above setup shows favors in bears to march over bulls but could be tuff at the level around 10100 zones, Once it weaken then the Bears will Roar and show the BEAR Power again. The Hurdles for index are 10178-10212 and support at 10094-10064
Please Like, Share your views
Thank you God Bless You
Sachin