Due to corona, this is a bad phase for the market but Nifty shows potential to go up. It close over where it opened today. It means that it wants to go long. Bulls are looking in power. Nifty had tested the support at 14267 three times but did not break it even once. It is making here strong support. Nifty may give gap down opening but potentially it will up. This time corona is not going to affect the business that it did last time. If it breaks the support with the confirmation next support will be at 13600. This is very strong support and Nifty will be retraced from here.
Disclaimer- These are my personal views. I don't claim you to trade on my views. These are for educational purposes only. Trade at your own risk.
Comment your views What you think about it.
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Disclaimer- These are my personal views. I don't claim you to trade on my views. These are for educational purposes only. Trade at your own risk.
Comment your views What you think about it.
Thanks