November 12, 2017

NIFTY Weekend update

  • NIFTY Daily shows price falling towards previous resistance line which may act as support.
  • 4 Hour chart shows possible support zone at 10250.
  • One hour shows a break below the cloud. This is a possible down swing situation but for this time frame to work the bigger time frame must break the support levels discussed. Close below 10250 will add strength for bears.