Nifty index opened gap up Last week on Friday but witnessed some selling at higher levels and corrected towards 10451 zones. It formed a Spinning Top candle on the daily scale which means that bulls are not loosening their grip but 1st Time bears are putting pressure at their Strong Zones which was expected. It has been making higher highs from last ten consecutive trading sessions
Now if it negates this formation, then only a pause in positive momentum could be seen. It closed the week at a crucial 10480 zones and a decisive hold is required to extend its up move towards 10496 then 10562 while on the downside supports are seen at 10425-then 10390 levels.
What would BEARS Do in his Next Attack on BULLS???
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Now if it negates this formation, then only a pause in positive momentum could be seen. It closed the week at a crucial 10480 zones and a decisive hold is required to extend its up move towards 10496 then 10562 while on the downside supports are seen at 10425-then 10390 levels.
What would BEARS Do in his Next Attack on BULLS???
Stay Connected for more Fight Analysis of ( BULLS Vs BEARS)
Please Like, Share, Comment, Follow your Views
Thank you, God Bless You
Sachin
