January 18, 2017

NIFTY Morning Update

  • Nifty Daily has a 50 Point GAP between 8460 and 8510. If Price takes out the recent high's again this GAP is likely to be filled.
  • Weakness if price falls below 8373 and 50 Hour SMA on closing basis.
  • Bulls on larger time frame need a close above 20 Week SMA to gain further momentum.  

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