Siddharth_23

Nifty 50 4th March Weekly Review

Short
NSE:NIFTY   Nifty 50 Index
There is a tough moment for all of us for the past one week. In the coming week I am hoping that Nifty will touch 14300 which is a crucial support as 50 day MA is there as well as my Trendline Support + There is a RSI Divergence + Crucial Fibonacci support. Further, If Nifty 50 breaks the 14300 levels there is more hope that US 10 year bond Int. Rates will rise more and FII will be pulling out more money from our markets and will invest in US 10 yr treasury bonds and Nifty can even go more down to 13900 levels. Below 13900 if nifty goes its an buy opportunity for all of us.
Thank you. If you like this idea than please share and support.