Nifty/BNF/Stock Futures
- Thread starter ranga27
- Start date
I believe the Nifty is bottomed out around 5950 levels.
when Nifty slipped below 6300, there was a resistance at every rise till 5950.
But once Nifty hits 5950, there was a support at every fall.
6300 to 5950.
5950 to 6000 (fall-down move)
again 5950 to 6050 (fall-down move)
6050 to 6000 (fall-down move)
6000 to 6080 (again there was a fall today, but support at 6050)
Expecting Nifty to move up further in coming days, if there is no negative news from US today.
when Nifty slipped below 6300, there was a resistance at every rise till 5950.
But once Nifty hits 5950, there was a support at every fall.
6300 to 5950.
5950 to 6000 (fall-down move)
again 5950 to 6050 (fall-down move)
6050 to 6000 (fall-down move)
6000 to 6080 (again there was a fall today, but support at 6050)
Expecting Nifty to move up further in coming days, if there is no negative news from US today.
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