NIFTY 50 - DAILY VIEW

NIFTY 50

NIFTY 50 is trending in an upward triangle pattern.

RSI is above 60, represents a strong uptrend in a daily chart.

9750-9575 is a strong demand zone. Unless broken, keep looking for buying opportunities on dips.

10400 is a nearby resistance level. Once broken with volume, 10700 & 10950 are the next resistances.

If the low of 9575 is broken, we might see a steep fall. The next support is 8990, 8800 & 8640.

KEEP AN EYE!!

***this is my personal view. Please take advice from your financial advisor before investing.