Nifty 50 Index Study Weekend 07 March 2020

7 Mar 2020

INDIAVIX

Nifty Broke down Trend line and 110 W EMA
With current bearishness sentiments I believe Market might range between 10150-11500.
VIX on the Rise.
At the same time Nifty is Still on HH HL pattern.

Breaking level 9900 below will open up bearish play.

Support around levels 10700 with give some positive vibes.

Lets wait and watch what we learn.

11 Mar 2020

Not

Broken Support RED LINE
Now next stop lower channel around 10100

12 Mar 2020

Not

Broken the support and channel