Nifty has taken support at the channel trend line. It has made a strong marubozu candle. It has room to move up.
My view for tomorrow is Bullish...
Yorum:
Caution
Nifty closed at it's Fibo resistance level. 11400 is the level where it can reverse. Go long only if it opens above 11400 and stays there. If it's a huge gap up, it may make a red candle. The level of 11370-11400 then becomes important support. Go long only if it closes above 11400.
Feragatname
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Nifty closed at it's Fibo resistance level. 11400 is the level where it can reverse. Go long only if it opens above 11400 and stays there. If it's a huge gap up, it may make a red candle. The level of 11370-11400 then becomes important support. Go long only if it closes above 11400.