Nifty Analysis :
Last week Nifty has fallen from 8180 to 7925 and bounced back to 8160 levels. What is the Deciding factor is level 8140 and also it is a critical level. If Nifty stays above 8140 for 3 days signals fresh round buying on the street. If not the its kinda bearish market. On Weekly Chart Bearish Hanging man has been formed so we need to closely watch next week price action.
I also may be wrong. Kindly do your research before taking any trading position.
Last week Nifty has fallen from 8180 to 7925 and bounced back to 8160 levels. What is the Deciding factor is level 8140 and also it is a critical level. If Nifty stays above 8140 for 3 days signals fresh round buying on the street. If not the its kinda bearish market. On Weekly Chart Bearish Hanging man has been formed so we need to closely watch next week price action.
I also may be wrong. Kindly do your research before taking any trading position.
1 comments:
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