In yesterday session nifty closed below 10400 levels and in today's session it opened gap down and saw some recovery but unable to close above 10400 levels.
Now, if nifty slip below 10200 , then it its quickly heading towards 10,000 levels.
And the move below 10000, may again trigger weakness in the Index.
On flip side it moves above 10400, it is likely going towards 11000 -11100 levels.
Hence 10400 and 10200 will play important in last two session of this week.
Now, if nifty slip below 10200 , then it its quickly heading towards 10,000 levels.
And the move below 10000, may again trigger weakness in the Index.
On flip side it moves above 10400, it is likely going towards 11000 -11100 levels.
Hence 10400 and 10200 will play important in last two session of this week.