Its very clear from the figure 200 EMA is crucial for the Nifty to Bounce Back , If the Nifty Goes Below the 200 EMA , NIfty will fall To level of 10200 , Otherwise it will Bounce to the Level of 11200 in this month Expiry :
1. Reliance in correction will take support at 1980 and will bounce back which will support NIFTY
2. HDFC Bank in correction will take support at 980 and will bounce back which will support NIFTY
200 EMA is crucial for NIFTY to back on track
Disclaimer : all analysis is for Study purpose , after all its your money . invest wisely
1. Reliance in correction will take support at 1980 and will bounce back which will support NIFTY
2. HDFC Bank in correction will take support at 980 and will bounce back which will support NIFTY
200 EMA is crucial for NIFTY to back on track
Disclaimer : all analysis is for Study purpose , after all its your money . invest wisely
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