Thu 21 Dec 2017 Nifty View

NSE:NIFTY   Nifty 50 Index
Hi All.

Today what Nifty and BN will do for the rest of the day depends on what they do in first 5 minutes after opening.

Right at the opening there is a support, which if held, Nifty and Banknifty can scale up to new highs by tomorrow.

If broken, Medium Term downtrend has started.

Stay tunes for updates.
Dec 20
Comment: Going long with SL at 10430 NS
Dec 20
Comment: Kindly reverse the position, BN already below yesterday's closing
Dec 20
Comment: SL for short 10480 NS
Dec 21
Comment: As said in the morning post both indices are moving down albeit in a slow fashin. This will end only tomorrow. so short position needs to be carried forward.


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