Wednesday, June 1, 2016

Nifty Daily Chart...Support and Resistance !!!

This why you keep hearing 7950-8000 looks like support now, and 8300-8350 is the new resistance.
In my last post I had mentioned that after that severe rally Nifty needed a breather. Hence a pullback or sideways move was more in the making. Lets just put it this way Nifty or rather Bulls were in fatigue!!!


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