Are we near the support in NIFTY Spot ???

NIFTY

HARI OM
NATHSAVIDDH

After todays closing it’s look like we are taking support in NIFTY and BANKNIFTY.

On NIFTY’s as we can see we are just hit the one of major support level of 11110 in NIFTY spot and if in coming sessions of this we see and bounce back in NIFTY spot and manage to close the week near the HIGH then only we may see the continuation of bullish trend ahead for the remaining or next month only.

But if NIFTY not manage to show any bounce back and fall further then 10751 and 10147 (Fib Retracement Level of 0.382) are next support for NIFTY spot.

Hope for the Best Guys. Happy Trading

HARI OM
NATHSAVIDH