Nifty is tested 19250 area quite a few times now last week it is getting weaker by every hit to support.On upside only above 19410 sustains then we can expect a move till 19500 to 19550 levels and with global sentiments are weak China again popped up with Evergrande Issue that might effect markets comming week so stay on short side long avoid sell on rise.
Niftty levels to react 19380-19400 area Short with negative price action on that area
Targets 19330,19300,19260
19250 Below Short
Targets 19190,19150,19100.
Resistance 19400
Support 19250
Niftty levels to react 19380-19400 area Short with negative price action on that area
Targets 19330,19300,19260
19250 Below Short
Targets 19190,19150,19100.
Resistance 19400
Support 19250
Commento:
19250 area double bottom long signal at support
