Hi All,
As predicted, Nifty fooled the bulls by a
false close above 7900 for a day and tanked badly on Friday, the important day
as per the weekly close as mentioned in earlier posts.
Nifty broke 7800 levels too, however managed
to close marginally above it.
Now 7780-70 becomes the Last Ray of Hopes
for Bulls as below that daily chart will have a Lower Bottom formation....
Levels to watch out for today –
Supports – 7770-7745-7710-7670
Resistances –7925-7950-8000
Cheers - - -
