NIFTY SPOT FOR THE PAST FEW DAYS WAS FORMING LOWER HIGHS AND LOWER LOWS. A STRONG DAILY CLOSE BELOW THE CRITICAL LEVEL OF 5925 CAN DRAG NIFTY DOWN. TO 5860 LEVELS. AND THEN TO 5820 .LEVELS.
ON TH OTHER HAN AS MARKET IS IN OVERSOLD REGION PROBABILTY OF A PULL BACK CANNOT BE RULED OUT WITH RESISTANCE PLACED AT 5985 AND 6020 LEVELS
ON TH OTHER HAN AS MARKET IS IN OVERSOLD REGION PROBABILTY OF A PULL BACK CANNOT BE RULED OUT WITH RESISTANCE PLACED AT 5985 AND 6020 LEVELS
Nice information. Thanks for sharing.
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