Nifty from the day high has fallen around 500 points and forming a bearish engulfing candle.
Market after touching the resistance level of 15780 dropped sharply.
The market couldn’t sustain its support and looks bearish as its next support is far off.
Support:- 15125, 14950
Resistance:- 15530, 15625
Wait for the price action near the levels before trading the markets.
Market after touching the resistance level of 15780 dropped sharply.
The market couldn’t sustain its support and looks bearish as its next support is far off.
Support:- 15125, 14950
Resistance:- 15530, 15625
Wait for the price action near the levels before trading the markets.
