Nifty went above 8700 created a high of 8711 but unable to sustain above 8700.
On Hourly Charts - Candle stick pattern formed - Evening Star which will get triggered once Nifty breaks 8630 - 8620.
Supports can be seen near by 8590 - 8570 - 8530
Resistance can be seen near by 8700 - 8720
Resistance can be seen near by 8700 - 8720
Trade with strict stoploss and with Proper Money Management.
Regards,
Mayur S.
Mayur S.
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