
Nifty closed weak at 4757 down by 35 points.Intraday there was lot of volatality , it went below the bearish level of 4789 then rebounded sharply to 4820.The stop loss level mentioned of 4827 wasnt triggered.In later part of the day again 4789 was broken to make a low of 4749.Having closed below 4800 again nifty is showing lot of weakness and selling pressure at higher levels.For tommorrow watch out for the level of 4739, any close below that will lead to more weakness.
No comments:
Post a Comment