Price action is consolidating and moving within the range 10340 - 10400. Sustaining 10400 will make the price to move towards 10460 and 10520.
Breaking the support at 10340 will make the price to move towards 10280 ans 10240.
1st target 10460 done!
Towards the next target...
From the buy level 10400 to 10499, nifty missed century by 1 point!
Trade closed: target reached:
Follow me in telegram channel
I just see a skewed relationship..for a drop of 27 points in nifty, more stocks have bled. Bank Nifty has come down by more than 250 points and the indicies does not reflect the ferociousness of the fall..and 600 to 1100 being advances and decline respectively, the weightage is not uniform. Somehow, feeling uncomfortable..
10517,10532 all have sz..in the past at 10586 dsz acted as a stumbling block. Would go up to come down but unless these swings are there, people cannot make money. Long live swings, Vanathi and market..Jai HO