chanakyak

Nifty 50 Day chart trend analysis

NSE:NIFTY   Nifty 50 Index
My #Nifty analysis

»» Nifty took support on 200 DMA on day charts and gaining momentum

»» Nifty closed below crucial 0.618 level and struggled between 0.5 & 0.618 in previous sessions

»» Nifty making head & shoulders patterns on day charts

»» Nifty should cross 10650 and should close above 10760 to make new high

»» Nifty, if closed below 10130, we can see levels of 10000 and closing below 10k, we can see 9800-50 levels

Key *resistance* : 10510, 10650, 10670

Key *support* : 10250, 10130, 10000, 9850
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