Nifty closed with Bear Engulf @ Channel Resistance
Going forward till 10450-10500 is not crossed expect dip upto 10240-10200
Immediate support @ 10320, if break below this then profit booking will continue upto 10240-10200 where buyers will again try to bounce back with 20DMA coming @ 10260.
In case 10320 holds bounce will be upto 10450-10500
Going forward till 10450-10500 is not crossed expect dip upto 10240-10200
Immediate support @ 10320, if break below this then profit booking will continue upto 10240-10200 where buyers will again try to bounce back with 20DMA coming @ 10260.
In case 10320 holds bounce will be upto 10450-10500