January 7, 2017

NIFTY Weekend update

  • Nifty day is showing negative price action at 200 Day SMA. More weakness if price falls back below 50 Day SMA.
  • 2118 and 2228 are crucial numbers for bears to close below to gain momentum.
  • For bulls crucial numbers to gain lost momentum are 8274 and 8306. These are last month and current month High Numbers.