Re: NSE 50 Nifty Support & Resistance Levels
For July 27.
NIFTY managed to close just below 2304, thanks to a last minute surge in Dr Reddys and Gujrat Ambuja.
Not too bad, but 2306 would have been better.
Tomorrow, before mid session it should cross and stay above 2314 for the strength to continue through the day, or can again get choppy.
A close of 2320 or there abouts would be a confirmation of strength.
Down side, should hold up above 2288.
This is important, as the market breadth is rather poor and the balance is precarious with the midcaps falling far behind.
Dear Traderji,
If you read this, may I request you to change the title of the thread to: NIFTY FIFTY ?
Thanks.