What a Wonderful Fights between BULLS Vs BEARS for last three days brings more Volatility in Nifty50 index. Last Session opened flattish, as Bears are active take charge over Bulls pushing down toward the support area 10346, index has made low of 10336 witnessed sustained buying interest from day’s low at end, the mid-session round Bulls recovered again battle is still on…Both Bears and Bulls tried to take Grip on each other. Index managed to close at 10400 zones formed short body bullish hammer.
Now From last three sessions Nifty50 index are managed to close below 100DMA but not crossed yet. This gives favor to Bears be stronger over Bulls the area of Hurdles 10437-10474 while on the downside supports are shifted at 10301-10276 levels.
Now From last three sessions Nifty50 index are managed to close below 100DMA but not crossed yet. This gives favor to Bears be stronger over Bulls the area of Hurdles 10437-10474 while on the downside supports are shifted at 10301-10276 levels.