indiamarketoutlook
Long

Nifty grinding between 10430-10680 zone

NSE:NIFTY   Nifty 50 Index
Nifty
CMP 10604

Last time when nifty was at 10503 levels charts were indicating up movement to remain intact till it holds 10430 levels.

Well Nifty has made a low of 10440 thereafter and has been doing a yo yo between 10430 - 10600 odd levels. Today's high so far 10651 is closer to the resistance level of 10680 indicated in previous post.

https://in.tradingview.com/chart/NIFTY/M...


The idea remains the same - buy on dips.

Level of 10540-10560 could provide some support going forward.

Momentum might be seen once nifty manages to close above 10680 levels

Take care & safe trading...!!!
Trade active: Nifty dips to make a low of 10532.70 and recovers to close the day above the 10540-10560 zone at 10576.
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