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NileshChavan
May 20, 2018 10:57 AM

Nifty- Is Bull Run Over? Short

Nifty 50 IndexNSE

Description

Nifty is In Downtrend Channel which is formed in Dec 2017.Now Nifty Has broke uptrend channel formed in March 2018. Nifty hAs strong Support at 10466 which is 200 EMA and also 50% Retracement at 10450. So buying can be Seen Near 10450.So This Week I will Wait for this level to Buy and to Short I will wait for 10674-10700. If Nifty Dont Sustain and Break 10450 then 10250 Can Be Seen.
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