Hi All,
As expected in the morning, Bulls tried to keep markets in positive territory for most of the day, however, could not make it sustain above the resistances mentioned earlier (10435-10530). Nifty could not even touch 10435 mark.
Today was more of an indecisive day where the total movement in Nifty was not even 100 points ( around 80 points), however it is red candle with selling pressure.
The supports and resistances are in tact and the bias remains the same...
Cheers
Hrishi
As expected in the morning, Bulls tried to keep markets in positive territory for most of the day, however, could not make it sustain above the resistances mentioned earlier (10435-10530). Nifty could not even touch 10435 mark.
Today was more of an indecisive day where the total movement in Nifty was not even 100 points ( around 80 points), however it is red candle with selling pressure.
The supports and resistances are in tact and the bias remains the same...
Cheers
Hrishi
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