indiamarketoutlook

Nifty: Chart set up and view

Short
NSE:NIFTY   Nifty 50 Index
Nifty
We have been warning about the fall since the last few Nifty updates


If on pull back Nifty finds it difficult to reconquer 63 day EMA then probability of Nifty falling towards 18820 could be higher.

Current Scenario and Important levels have been discussed...

View gets invalidated if Nifty closing is above 63 day EMA on a weekly closing basis.

Take care & safe trading..

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