Critical view on Nifty !!!!
Nifty could gap down around 15850-15750 taking clues from SGX nifty breaking
its strong support around 16100, which is indication of caution.
Also, nifty could break its massive support of RSI 28 which is again dangerous.
Only, we can see a sign of support around its previous consolidation range as shown on chart.
its strong support around 16100, which is indication of caution.
Also, nifty could break its massive support of RSI 28 which is again dangerous.
Only, we can see a sign of support around its previous consolidation range as shown on chart.
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