Nifty 50 IndexShort
Nifty view: Time to be cautious...!!!
Nifty
CMP 10562
-- Major Resistance at 10707-10736 zone
- Support at 10400-10420 levels
If support is taken out we could be starring at H&S pattern completion and Nifty could be dragging back to sub 10000 levels over a period of time.
A close above 10740 will indicate pattern invalidation
For the day 10572-10594 is an important resistance zone
Take care & safe trading...!!!
CMP 10562
-- Major Resistance at 10707-10736 zone
- Support at 10400-10420 levels
If support is taken out we could be starring at H&S pattern completion and Nifty could be dragging back to sub 10000 levels over a period of time.
A close above 10740 will indicate pattern invalidation
For the day 10572-10594 is an important resistance zone
Take care & safe trading...!!!
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