Indeks Nifty 50
Singkat

Nifty opinion: Nifty can go up to 760 on op before falling again

Price can go up in opening to 14750-14760 should face resistance there of the daily 10 MA
From there it can start falling facing support at 14673, 14630, 14580.

For a big move today, 14760 on the upside should be crossed and for a big down move today 14673, 14630 and 14580 needs to be breached.

Hourly stochastic is negative. Daily stochastic is positive. Weekly stochastic is negative and since its a weekly closing price should ideally close below 14724.

FIIs and Pro traders are net negative on Index while clients are net positive.

Best of luck for today!!

Penafian