Indice Nifty 50Short
NIfty has breached critical supports
NIfty today breached 20 EMA - a support that it had taken couple of sessions ago. Nifty also breached a critical support level of 17944 (pls refer chart) and taken support at virgin CPR. If todays low is breached, then Nifty could take support at next virgin CPR...here are a few supports available. Next big level to watch out for is 17,439 (pls ref chart), so 17500 could well and truly be broken.
Trending day implies tomorrow we will have a wide CPR. So likely to see a sideways market? Depends on where the market opens. Lets see.
Trending day implies tomorrow we will have a wide CPR. So likely to see a sideways market? Depends on where the market opens. Lets see.
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