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Nifty short term trend is Up as long as Nifty trades ABV 4870 levels.
For Daily Purpose, Trend deciding level is 4883. If Nifty shows strength above 4863 levels then a rally up to 4910-4940 may be seen. If Nifty does not show strength above 4783 then selling pressure till 4716-42 may be seen.
Breakdown below 4883 levels may lead sever3 selling to 4800.HAVE A CUP OF TEA AND WATCH THESSE LEVLES
AS YOU HAVE SEEN BANKING NIFTY DOES SUSTAIN 8800 AND KEEP RALLYING AFTER TAKING PAUSES
NOW FOR NEXT SESSEIONON BANK NIFTY SUPORT AY 9070 UPSIDE IF IT GOES ABV 9160 AND SUSTAIN RALLY UPTO 9300 FALL 9070 FALL UPTO 8900-8800 LEVLE CAN BE SEEN
BANK NIFTY OVERBOUGHT BE CAUTIUS
NIFTY FUTR PIVT PONT IS 4873 ABV THAT STRONG BLW WEAK |