As medium term and short term is negative,Nifty now near long term support of 8000.
Within 6 trading session nifty almost move 1200 points up and down.
Last fort to defend for bulls is 8030-8060 and Bears wish to penetrate for 7950/7850.
This above level (8030-8060) may act as Potential Reversal Zone from Bearish to Bullish.
Level to Watch??
Immediate support/PRZ -8030/8060
Immediate Resistance-8150
Trend Confirmation-8220/8300
Note-This above is my Personal view for Educational Purpose only.Read Disclaimer.
Within 6 trading session nifty almost move 1200 points up and down.
Last fort to defend for bulls is 8030-8060 and Bears wish to penetrate for 7950/7850.
This above level (8030-8060) may act as Potential Reversal Zone from Bearish to Bullish.
Level to Watch??
Immediate support/PRZ -8030/8060
Immediate Resistance-8150
Trend Confirmation-8220/8300
Note-This above is my Personal view for Educational Purpose only.Read Disclaimer.
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