As per previous weekly report as we have seen breakout above 8710 but unable
hold to cross immediate resistance 8750 for good upmove. Then break Balance
point 8625-8640 but again protect the previous Balance Point 8510.Broadly
Nifty move in between 8510-8625-8710 with due respect to 8460-8470
as per our previous report.
What Next???
As Nifty moving in between two balance point 8510-8625 then we may expect
breakout this time above 8710 and hold if not then 8460/8470 may touch.
weekly Support-8590
weekly Resistance-8710/8750
Positional Resistance-8880-8950
Note-This above is my personal view for Educational Purpose only.Read Disclaimer.
hold to cross immediate resistance 8750 for good upmove. Then break Balance
point 8625-8640 but again protect the previous Balance Point 8510.Broadly
Nifty move in between 8510-8625-8710 with due respect to 8460-8470
as per our previous report.
What Next???
As Nifty moving in between two balance point 8510-8625 then we may expect
breakout this time above 8710 and hold if not then 8460/8470 may touch.
weekly Support-8590
weekly Resistance-8710/8750
Positional Resistance-8880-8950
Note-This above is my personal view for Educational Purpose only.Read Disclaimer.
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