Nifty @ Support

Interesting point for the market. Some would say Do or Die level etc.

Here is a simple channel support on the Nifty. If we break this, the earlier channel would come into play and the markets would head lower else back to the top of the channel.

Lets see what Mr Market … errr .. Miss Nifty does.

Click on the chart to see an enlarged version or click here.

nssupp20161104

Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Advertisements

One thought on “Nifty @ Support

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s