Monday 29 October 2018

Nifty Weekly View


Nifty ended lower in the stress full week on the back of increasing tension talks between US & China trade war and rupee's fall, failed to cheer market participants to boost up the sentiments. Nifty closed below 8 EMA (Exponential moving average) which depicts bears overpower bulls. One can expect downside movement if it breaks immediate support mark i.e. of 9950 and for now immediate resistance mark is 10275.




Weekly Chart




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