Overview for NF on Fundamentally basis, if BJP for 2019 election, Nifty can move to 15150-15878. Other scenario would be on loss for the BJP. Nifty can be highly volatile and nifty can be see 7900-8600.
We’ll find soon exact direct and level soon with chart.
Yesterday, We have written that NF is weak and can fall more… you know what happened today!
Look at the chart, there’re more things happened.
- Engulfing Candle-stick (Bearish single).
- Last hours seen selling over the NF.
- Support 10466 (which can perform nicely)
- below this support NF can fall much and more.
Selling will be continue below this 10566 level, and we will also keep selling below this.