afteroneday

Will Nifty break and does M structure?

NSE:NIFTY   Nifty 50 Index
Nifty has formed a partila M strucutre a break of the current support will technically take Nifty much lower levels. Will it bounce? or break?
Dec 05
Comment:
Dec 05
Comment: 10098 looks very good support
a one n a 10 possibility!!!!!

and to be exactly opposite i see a level 10400 10500 soon ... a good pull back on the cards
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afteroneday pratik2358
@pratik2358, yeah neither do I see any pessimism for such a fall, but given the momemtum for now it will take 2-3 days for turn around i guess
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pratik2358 afteroneday
@afteroneday, well to be straight.. it might open positive tomorrow but would fail to sustain and for the turn around even a week time is necessary ...
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