Nifty 50 IndexShort
29th June 2021 Nifty Analysis. Levels and what to expect.
Updated
Yesterday I said there will be no upward momentum in Nifty because there is nothing positive to push it up. As predicted Nifty came for selling from 15920 and closed today below support level of 15834 and also below 20 MA, 50 MA.
Tomorrow one can expect Nifty to go down 100 to 150 points. If it breaks it's support of 15750 then more downfall is expected.
15850 and 15920 will be Resistance for Nifty until there is a successful break out.
Thank you.
Tomorrow one can expect Nifty to go down 100 to 150 points. If it breaks it's support of 15750 then more downfall is expected.
15850 and 15920 will be Resistance for Nifty until there is a successful break out.
Thank you.
Trade closed: target reached
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