nmcapital44

Nifty daily chart analysis

Short
NSE:NIFTY   Nifty 50 Index
On Monday's session #nifty closed below 2 months low.

Important support of 200 DMA is placed at 16287.
Below 16287 nifty will head towards 15900.

Intraday setup for Tuesday

Sell Nifty below 16400
Target 16300.

Below 16300 further down fall.

Join my Telegram channel to receive more update - http://www.t.me/nmcapital

50% discount on my private group - http://www.t.me/namo444
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.