Nifty 50 IndexUpdated nifty - in a range
we can clearly see nifty has struck in the broader range of 13 aug fall which started from 11145 nd ended at 10900 level hence forming a candlestick called marubozu.
post that we saw an attempt to break that high by bulls but eventually it failed.
it has been almost a month- nifty sustaining below 200 dma.
one can short nifty by taking marubozu high as sl 11150
fall should pick up momentum once 10900 breaks
sell view negated above 11160
post that we saw an attempt to break that high by bulls but eventually it failed.
it has been almost a month- nifty sustaining below 200 dma.
one can short nifty by taking marubozu high as sl 11150
fall should pick up momentum once 10900 breaks
sell view negated above 11160
Note
10980 imp support
Note
Note
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