NIFTY 50 , though #RSI is still above 50, the price has broken below the rising wedge,
now 10850-10960 is critical support area, prior breakout zone, Mid bollinger, golden ratio pull back of last rise, 200 DMA , a lot o supportive aspects.
if Nifty breaks below 10850, 10530 may come quickly, else Nifty may bounce towards 11000-11155
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!
now 10850-10960 is critical support area, prior breakout zone, Mid bollinger, golden ratio pull back of last rise, 200 DMA , a lot o supportive aspects.
if Nifty breaks below 10850, 10530 may come quickly, else Nifty may bounce towards 11000-11155
FOR COMPLETE STOCK ANALYSIS, INTRADAY LEVELS AND FOLLOW-UP. CONTACT ME!!