Again nifty takes a U turn.

NSE:NIFTY   Nifty 50 Index
Closes above 200 dma which is very positive.
dip towards 10834 to be bought for higher targets, next support comes at 10784.
Nifty is outperforming bank nifty.
IT stocks seems to be topped out right now.
hence nifty has to go up with the help of reliance and banking sector and hul etc.
it seems these stocks were helping on Friday too

join my free telegram channel for eod updates.
connect with me for intraday and swing trading.whatsapp 9407981319.Want to learn elliot wave ? join me.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.