In the last few days NIFTY was trading in the range of 10710 to 10840. It has shown good support at 10710 which was broken decisively. It is retesting the same from below. Mostly when a good support is broken it works a good resistance, therefore one possibility to trade the weakness in price zone of 10750 - 10780. However if the break was just due to high volatility of settlement day and it shows the strength we can expect the complete filling of valley. Let's see what market wants to do. It would be interesting anyway.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
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