Tuesday, May 12, 2020

Nifty Chart


Cash Nifty Bearish patterm breakdown at 9378 with 3 retracements.  any close below 9200 will lead to 9000 first, any +ve stimulation package/lock down release/any +ve news sill keep and close above 9400 will be very +ve upto 9900-10100+,  Any close below 9000 will lead to 8100+


NEgative breakdown trend line EXACTLY touched and returned from 21800.  with the next supports 19060-18351-17368, there is no strength to break the resistances.

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