As per our last report medium term outlook was negative below 8470 and Bullish
Trend confirmation is at 8550.But Nifty unable to close above 8550 and today we have
witness the 2nd surgical strike.So today we almost touch the long term support
and bounce Back and close below our medium term support 8470.
So What Next???
Short term support-8300/8220
Short term Bullish Trend confirmation-8470
Medium term resistance-8470
Long term support-7990
We will review latter if Nifty sustain above 8470.
Note-This above is my Personal view for educational Purpose only.Read Disclaimer.
Trend confirmation is at 8550.But Nifty unable to close above 8550 and today we have
witness the 2nd surgical strike.So today we almost touch the long term support
and bounce Back and close below our medium term support 8470.
So What Next???
Short term support-8300/8220
Short term Bullish Trend confirmation-8470
Medium term resistance-8470
Long term support-7990
We will review latter if Nifty sustain above 8470.
Note-This above is my Personal view for educational Purpose only.Read Disclaimer.
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