venkatfx

Nifty is still holding on to bullish pattern

NSE:NIFTY   Nifty 50 Index
while nifty given multiple rejections at 18880 zone but still today closing is at 50% FIB level of current swing. Tomorrow opening, further price action and friday closing to be watched.
ITC, Reliance seeing correction wave due to which Nifty could not move up.
Banking shares other than HDFC are also in correction wave. once these shares bounce from FIB levels Nifty coul easily give all time high. Infy and TCS not supporting.
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