Monday, September 24, 2018

Nifty Spot EOD analysis as on 21-9-2018

The sharp fall and pullback suggest a panic bottom probability. The retracement has started and retracement of x-a from 11523.25 to 10866.45 and the 0-x trendline resistance will give the hint of the nature of the second corrective. Once that is found out the rest of the details can be worked out. 11195 / 11273 / 11392 are key resistances and 11117-11156 Strong Support.


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