August 5, 2015

Nifty support and resistance

  • The recent swing high made at 8654 near the golden ratio is crucial for bears to defend as long as that holds another big down move is possible. Price is trading in the bearish portion of a broad range. 8650 can be taken as the middle of the range and as long as price stays below it big bullish moves are not possible.




1 comment:

  1. Please provide supports & resistance levels for Nifty spot with target...
    Capitalstars

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