TradingView
indiamarketoutlook
Apr 20, 2018 3:49 AM

Nifty view: Time to be cautious...!!! Short

Nifty 50 IndexNSE

Description

Nifty
CMP 10562


-- Major Resistance at 10707-10736 zone

- Support at 10400-10420 levels


If support is taken out we could be starring at H&S pattern completion and Nifty could be dragging back to sub 10000 levels over a period of time.

A close above 10740 will indicate pattern invalidation

For the day 10572-10594 is an important resistance zone

Take care & safe trading...!!!
Comments
hotpot64
Hi
Nice to see you after so many days.
Have a nice profitable day ahead :-)
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