CHART-II
- Nifty continue to stay below 50 Hour Moving average.
CHART-I
- For bears they have to break and stay below 5563 level.
- For bulls they should break above 50 Hour moving average. But for them the resistance line and 5653 level may act as tough resistance.
- As of now both sides have equal chance. But price is close to the apex of a triangle like pattern. So nifty will take a clear direction soon.
- NIFTY WEEKEND UPDATE
Dear SAN,
ReplyDeleteAll the best for this wonderful journey.
@pravin
ReplyDeleteThanks for the wishes