Nifty Outlook
Hello,
Please refer my Nifty Posts on Friday. As I mentioned in that post-Nifty moved 190 points downside.
For tomorrow also my view is negative but if you are trading in intraday then don't think that you will get one-way fall. There is major support @ 11595 to 11610 and Major resistance @ 11685 to 11700.
Also If Nifty break 11590 level then doesn't think it will fall one way. There is also major support @ 11530 to 11560 in this gap.
If you have a short term view then the upside is capped buy still there is a juice left in the downside. The important thing is your perfect entry will decide your profit.
Thank You :)
Please refer my Nifty Posts on Friday. As I mentioned in that post-Nifty moved 190 points downside.
For tomorrow also my view is negative but if you are trading in intraday then don't think that you will get one-way fall. There is major support @ 11595 to 11610 and Major resistance @ 11685 to 11700.
Also If Nifty break 11590 level then doesn't think it will fall one way. There is also major support @ 11530 to 11560 in this gap.
If you have a short term view then the upside is capped buy still there is a juice left in the downside. The important thing is your perfect entry will decide your profit.
Thank You :)
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