Nifty downtrend (8540 Important level for long term bearish).

NSE:NIFTY   Nifty 50 Index

Spot nifty trade at 8681.4 (-28.20) (-0.32%) at the time of writing, according to me strong weak below 8683, we expect it is likely to take support at 8600, if price move below 8600 then might be take support at 8540.

* It's my view only trade at your own risk.
Comment: M/m tops and bottom dates around this month 9th, 14th, 17th, 20th, 24th, 26th, 27th, 30 october, 20616
Comment: price come in time wait for new breakout


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