Nifty near supply zone Short

Nifty 50 IndexNSE

Description

⋅ Apr 14, 2018 7:02 AM

Nifty faced resistance at previous supply zone and closed below 10500 level.

10564-10635 is major resistance zone .

Below 10419 , Bears may push Nifty toward 10243.

Trend Analysis

Comments

AceSheth

⋅ Apr 14, 2018 9:28 AM

Ideally should but seeing put built up at 10300 and 10400 levels it doesnt look like it will correct.

na.aruna

⋅ Apr 15, 2018 9:37 AM

@AceSheth, consolidation period