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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