Hi All,
surprisingly and Unfortunately, in spite of Sensex hitting its life time high slightly ahead of Diwali in the last week, Nifty has not done the same till now...
If this happens and both the indices come down from the current levels, it will then be called as a big divergence between the two key indices.
Nifty supports now 6220-6200-6185 for intraday....
Key support for short term will be near 6000-6080 levels.... Below which the danger of further downfall will become fierce....
Cheers
Hrishi
surprisingly and Unfortunately, in spite of Sensex hitting its life time high slightly ahead of Diwali in the last week, Nifty has not done the same till now...
If this happens and both the indices come down from the current levels, it will then be called as a big divergence between the two key indices.
Nifty supports now 6220-6200-6185 for intraday....
Key support for short term will be near 6000-6080 levels.... Below which the danger of further downfall will become fierce....
Cheers
Hrishi
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