Nifty Weekly Reviews with Cautious

As expected Nifty taken support from PRZ 10090-10060 with low of 10124 on 23rd oct 2017 and achieved our 2nd resistance 10450.

Nifty almost reached 10250 against the short term support of 10230 and bounce back.

Now 10400 act as resistance and 10230 as support for next round up movement.

Again previous PRZ(potential Reversal Zone) of 10060(+-30) should act as Medium term support cum PRZ .

Levels to Watch!!!

Immediate support-10230

Medium term support cum PRZ-10030

Immediate Resistance-10400

Next resistance 10650-10700 (above 10600 with cautious approach)

Note-This above levels are my personal view for educational purpose only.Read Disclaimer.