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.

Nifty Bandit

Ha ha …. I liked the title so put it like this. Actually many a times, Nifty does work like a bandit and take away our money, no?

Nifty is at support area now. Lets see what it does, bounce or break. If breaks, we have another band nearby only.

nifty-20161027

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