Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis
'Nifty50 index opened and tried to move upside above 10600 zones but witnessed sustained selling pressure throughout the day. The Bears Roars and Showed Bears power over Bulls throughout a day, Bulls Managed to release pressure of Bears at the end of session by recovery from 10537 lows and managed to hold 10560 zones for upside moves. As It formed an inside Bearish candle on the daily scale.
Now today on Expiry of April month the formation of consolidation of Index trading Range 10550-10630 at upper side of broader levels indicates the profit booking and with fresh contracts after expiry should be built up at lower levels. Index hurdle- 10605-10685 and Supports 10490
What would BEARS Do in his Next Attack on BULLS???
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Now today on Expiry of April month the formation of consolidation of Index trading Range 10550-10630 at upper side of broader levels indicates the profit booking and with fresh contracts after expiry should be built up at lower levels. Index hurdle- 10605-10685 and Supports 10490
What would BEARS Do in his Next Attack on BULLS???
Stay Connected for more Fight Analysis of ( BULLS Vs BEARS)
Please Like, Share, Comment, Follow your Views
Thank you, God Bless You
Sachin
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