Yesterday, we enjoyed NF buy 5233 and Touched 5296 with SL 5200
Today, Just watch selling pressure will increase 5292-86 and 5318 around
Nifty future can test today 5235 and 5192 if not cross 5322
Just, keep patience for trade
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Technically, Spot Nifty
- S&P 500 have resistance.
- If price sustains above 200 SMA crossover will be effective and the up move will continue.
- Dow Jones have diamond pattern.
- Nifty Volume chart shows good addition in volume along with price increase.
- Resistance : “5298-5326”
- “5226”-last low & 5215-last peak & 5201-200sma are the supports
- Yesterday’s topping “Doji” pattern has a follow up attempt today…