NSE_EOD:NIFTY   Nifty 50 Index
Right now, there are two possible scenarios

1. Nifty             breaks previous low of 6870 and reach to strong support level at around 6600. (marked in Red Arrows)

2. Nifty             goes up to 7125 levels and then break above close above resistance level of 7240. (which can be a trend reversal for nifty             ) marked in Green Arrows

Therefore, it is a close watch at nifty             and stocks will be volatile and will be sector specific on their movement.
Thanks for clear view on nifty.
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