NIFTY SPOT : 7631.7
Hi,
Readers,
See the power of
technical analysis.
Nifty did
exactly the same as was mentioned in my previous blog. Wherein it was clearly
mentioned that 7490 is very important & critical level for Nifty. And only
& only if Nifty breaks this 7490 comprehensively then only 7420 is
possible.
Look Nifty held
that level showing the importance of 7490 & made a low of 7487 and
rebounded from there to close at 7631.
Now what :-
Now Nifty has
next resistance at 7695 – 7703 area. Once it breaks that resistance 7788 will
be the next target.
Now on
downside again this 7490 level will
remain important support. Below which there can be a free fall to 7330.
Enjoy the
profits.
No comments:
Post a Comment