Wednesday 9 November 2016

Nifty IInd Surgical Strike Update

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.

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