Market Outlook
Last
week review’s I’m mention here previous
week’s chart demanding as per Elliot wave and after strong down rally’s or
covering of short positions may be sum up moves seen like dead
cat bounce. Yes it is done. Nifty Future making high of 6301 from 6150. Now
this week I’m expecting it can be going flat for Target 6350-80-6400 and may be
reversal from given three points. Actual 6250 to 6380 no trading zones. Above
6400 no doubt Bullish Zone. Below 6250 Bear’s can take the batons.
Technical
Levels: Resistance 6350-90-6420. Support
6250-6190-6100.
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