Friday 5 May 2017

Hanging Man @ Resistance!!!

Hi All,

Markets are likely to open on a Negative note tracking global markets, SGX Nifty is trading @ 9351 (-36 Points)

Bearish Hanging Man is formed on daily charts near resistance and a break below 9325 – 9320 will be Negative for markets with nearby supports @ 9300 – 9260.

Bias will sell on rise and buy on dips until Nifty stay between 9360 - 9260.

Areas to watch out
Supports @ 9300 - 9270 - 9250 – 9190 - 9130
Resistance @ 9370 – 9400 - 9450

Regards,Mayur Shah.

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1 comment:

  1. Sonal Jain9/06/2017 2:36 pm

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