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Nifty took support at the trendline today

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Candlestick Analysis NIFTY spotnifty nifty50 niftyindia niftytrend niftysupports niftyresistances niftysupportandresistance niftyoutlook
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trendanalysis supportandresistance candlestick nifty spotnifty nifty50 niftyindia niftytrend niftysupports niftyresistances niftysupportandresistance niftyoutlook
Immense massive selling pressure across sectors Nifty took support at the trendline 19479. holding this level is the key now to progress. If in the coming week this support is broken we may see support near 19227 or 18905. Closing below 19560 (50 days EMA) is a bad sign. Let us see if Nifty recovers tomorrow from the trend line support. In case of recovery further resistances will be at 19560, 19657 and 19777.
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