VIEW FOR THIS WEEK is Bearish Major support for nifty is 15700 to 15800. EXPECTING A GAP DOWN OPENING with a support level of 16090 if nifty sustains below that we may reach 15980-15910-15780 BELOW 15700 we can drag till 15500-15400 MAJOR RESISTANCE FOR NIFTY 16350-16400
As we saw last week the market remained extremely volatile . We saw a huge sell on Monday & Tuesday later it covered till 17650 followed by a sell off on Friday. The market all around the world continues to be in correction phase with negative news. NIFTY is currently trading around the zone of 17300-17400 , once it breaks 17300 we may see 17200-17080-16890...