NIFTY

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

CNX NIFTY 5,553.25 -21.50  -0.39 %

Nifty is forming a series of lower tops lower bottoms on daily chart and is moving on expected lines.The pink zone may provide some support i.e 5447.4 – 5527.On the Weekly, a close below 5448 is going to usher in big bearishness.Sell all rises after you see a top reversal pattern.

DAILY

NSEINDDAily

 

WEEKLY

NSEIND

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